Gov. Maura Healey is set to sign into law major tax relief legislation that’s set to give tens of thousands of Massachusetts residents new tax credits. Healey’s office touted the $1 billion bill as “the first tax cuts in more than 20 years” and said that, at the 1 p.m. signing, she would “highlight the ways in which the package…
Healey has repeatedly said Massachusetts needs to reform its tax code both to make life more affordable for families and to boost the state's economic competitivenessGov. Maura Healey is set to sign into law major tax relief legislation that's set to give tens of thousands of Massachusetts residents new tax credits.
The bill signing, which will be attended by Lt. Gov. Kim Driscoll, Administration and Finance Secretary Matthew Gorzkowicz and top House and Senate Democrats, will be live-streamed on this page. It also tweaks a pair of voter-approved tax laws to change how automatic relief would work under the tax cap law known as Chapter 62F and to prevent high-earning couples from avoiding the new surtax on $1 million by filing separate tax returns.Lawmakers sent Healey the bill last week
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