Legislators May Cut Back Governor Patrick’s Tax Plan
HOLYOKE, Mass. (WGGB) — Governor Patrick’s ambitious two billion dollar tax plan is getting a lot of scrutiny.
The package includes raising the state income tax, lowering the sales tax and the eliminating 44 personal tax deductions and credits.
Holyoke State Representative Aaron Vega is taking a close look. “The governor’s proposal was a launching off point. It was an idea based on the need to invest in infrastructure and the need to invest in education,” says Vega.
And from that launching point, legislators like House Speaker Robert DeLeo are talking about scaling back the Governor’s lofty tax plan.
The debate on Beacon Hill seems to be focusing on not ‘if’ but ‘how much’ of a revenue package will be coming out of the Governor’s original plan.
Westfield State Senator Michael Knapik feels the Governor’s two billion dollar tax plan is too much to ask for and legislators will agree on something less.
“It will be cobbling together a series of revenues in addition to the natural growth of the economy, the rainy day fund, so it might be something rather than a two billion dollar tax increase, we’ve heard things around $500 million and that might be divided up,” says Knapik.
Whatever tax plan is approved, Holyoke’s Aaron Vega looks for a fair shake.
“I think they’re looking at a revenue package that’s equitable for everybody that’s not going to put people into a position that they can’t afford the basic necessities, food, education. We need to make sure of that,” says Vega.
The Governor says those who earn $60,000 or less would pay the same or less in taxes if his plan is approved.