Boston Mayor Michelle Wu's office said city residents' taxes could increase 28% unless senators on Beacon Hill act on her plan to shift more of the city's tax burden onto businesses by late November.
, Boston Mayor Michelle Wu's office said city residents' taxes could increase 28% — a large quarterly jump but less than originally estimated — unless senators on Beacon Hill act on her plan to shift more of the city's tax burden onto businesses by late November.
The difference in those numbers in real dollars is a $273 tax bill if Wu's plan passed, and a $768 bill without the home rule. "We're now sure that we would need it this year. So very much willing to, for example, remove that language or be clear for predictability that it would be used this year, and not subject to, sort of, any time within the next three years," Wu said.
The mayor could add more conditions onto her promised executive order, or file a new home rule petition to the State House, though it would need to start the process from scratch, starting at the City Council. City officials said cutting the budget to account for the commercial shortfall would essentially meaning cutting the levy, and cost the city $265 million. The city would have to lay off about 2,200 employees, and services would be significantly impacted, Wu said.
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