Patrick Looks to Raise $1 Billion in Income Taxes
Money would help pay to improve transportation system and education in the commonwealth.
Governor 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?
Bob Clermont
1:44 pm on Wednesday, January 16, 2013
No, No, No. Enough of this overspending. We have to live on what our income is, the Government should also.
Bob C
Mark F
2:00 pm on Wednesday, January 16, 2013
Amazing to me that in this economy Deval, or any politician for that matter, would even consider raising taxes. When is enough, enough! Why does the state need to increase spending at all, much less by 1.5 billion this year and $2 billion next? How many of you can spend spend more money year after year after year with no end in sight? It's time these tax and spenders get voted out of office.
Remember when the state's income tax was raised to 5.5% and it was called 'temporary'? How many times can we get lied to and sit back and take it?
Kevin
2:39 pm on Wednesday, January 16, 2013
This is the same Deval Patrick that raised the sales tax rate by 25% then had the nerve to pat himself on the back for putting a small fraction of that extra sales tax money in the rainy day fund and credited good financial management on his part.
Tyler Seguin
3:14 pm on Wednesday, January 16, 2013
I'd be curious about where the money for the casino licenses has gone. $4.4 million. where'd that go??
Matt
4:26 pm on Wednesday, January 16, 2013
You mean you guys don't think people will want to take a train ride to beautiful down town New Bedford . I'm shocked LOL
bluefish
9:47 pm on Wednesday, January 16, 2013
If, and I mean If, the Governor tried to find the fraud in our state Welfare system, then perhaps he could close that deficit ? Until the sate audits the Welfare system, not one tax-payer should have to pay another increase, simply put !
Ellen
4:28 pm on Thursday, January 17, 2013
He's raising the income taxes,because there not getting enough on sales tax,da'h cause the economy is horrible,so once again put your hands in the workers pocket,what else do you expect he dosnt balance a budget just like a democrate buy today and pay later because he wont be in office for the sunami,just like obama,they dont care there crushing American families they lie the state house supports the lie,and those who lie to get something for no work vote them into office.