Gov. Patrick Offers Taxpayers Chance to Weigh Tax Plan
BOSTON (AP) — Gov. Deval Patrick is continuing to push for a series of tax changes — including an income tax hike — even as his plan faces skepticism in the Legislature.
The governor on Monday announced a new web page that allows taxpayers to determine how the proposals would impact their own individual or family budgets.
Patrick wants to raise the income tax rate from 5.25 percent to 6.25 percent while lowering the sales tax rate from 6.25 to 4.25 percent. The nearly $2 billion in net revenue increase would go to transportation and education improvements.
The governor says about half the state’s taxpayers would pay the same or less in taxes under his plan.
Legislative leaders have expressed doubts about the proposed income tax hike and may consider alternatives for raising revenue.