How does Gov. Healey's new tax plan measure up to the one proposed by former Gov. Baker? Let's compare and contrast.
It would also cut the state’s short-term capital gains tax theDon’t start budgeting these tax changes quite yet. Ultimately, the fate of Healey’s proposal lies in the hands of the State House, where it very well may be tweaked or put off . House Speaker Ron Mariano and Karen Spilka both praised parts of Healey’s plan Monday — but also suggested they still need time to review other aspects.
Spilka was a big fan of Baker's proposal to raise the"no tax status" threshold, which she called"one of the best ways to get money in the pockets of low-income people." Mariano, meanwhile, reiteratedThe $742 million plan was applauded by the local business community as a good step toward making Massachusetts more affordable and competitive.
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