March 21, 2023

Massachussets Budget & Policy Center: Taking Measure of the Governor’s Tax Plan

ITEP Work in Action

Governor Healey’s tax relief proposal would reduce state revenue available for future investments by $986 million annually. Three proposed tax credits would be progressive, meaning the benefits for lower-income households would be a larger percent of their income than the benefits for higher-income houseolds..1 The Governor also proposes two highly regressive tax cuts, meaning richer, higher-income households would receive benefits that are a far greater percent of their income than would poor or moderate income households.

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