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Patrick Looks to Raise $1 Billion in Income Taxes

Money would help pay to improve transportation system and education in the commonwealth.

 

Gov. Deval Patrick is expected to propose $1 billion in new taxes to help pay to improve the state’s transportation system and expand early education programs, reported The Boston Globe.

Patrick is expected to announce the plan at his State of the Commonwealth speech Wednesday night.

The plan is to increase the state income tax from 5.25 percent to 5.66 percent, which would raise $1 billion. Patrick’s plan would also need to raise other taxes and fees to pay for the spending increases of $1.5 billion next year and $2 billion annually after that, according to The Globe.

What do you think of the governor's proposal? Do you support raising taxes to fund these programs?

Nashoba Liberty January 18, 2013 at 06:39 PM
The best way to guarantee yourself ridiculous increases in taxes and fees is to vote in a Democrat administration for a second term. Don't forget to layer on top the extra transportation taxes that Coupe Deval's DOT wants to extort from us: The fee for vehicle registration would increase from $50 to $103. The fee for vehicle inspections would increase from $29 to $48. The fee for a Class D driver's license would increase from $50 to $136. An increase for Mass Pike tolls and MBTA fares of 5 percent. (Reference boston.cbslocal.com) Whenever Deval starts lecturing us about "adult decisions", "difficult choices", "it only is the cost of a cup of coffee per day" etc. I hang onto my wallet a little tighter.

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