Even with the sales tax increase, the budget will sustain deep cuts and Massachusetts will have a roughly average tax burden compared to other states. The increase will fund local aid, Big Dig debt and limited restorations of key programs.
Budget
budget and local aid updates, community preservation act, financial outlook, local aid policy, priorities/requests, resources, revenue, taxes
Education stimulus funding proposal — tentative
The Governor’s announcement today of an allocation of stimulus funds for education was good news for Belmont and Arlington (not for Cambridge).
Fiscal 2010 Budget Priorities
Letter to Charlie Murphy, the Chair of the House Ways and Means Committee, outlining my state budget priorities.
Income tax reform
A proposal to raise the personal income tax exemption and simultaneously raise the rate — so as to make the income tax more progressive — has merit, but it is not politically viable at this time.
Money Issues in 2009-2010
An outline of the financial issues that will be front and center throughout the coming legislative session.
Gas Tax
Most feedback to me has been overwhelmingly supportive of the gas tax — simple, fairer than high tolls, environmentally sound, definitely needed, a broad-based mechanism to fund a broadly-used commonwealth asset.