Name: Tax relief makes Mass. more affordable - CommonWealth Magazine
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Tax relief makes Mass. more affordable - CommonWealth Magazine

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– and today Gov. Maura Healey will sign the billThe culmination of more than a year of work by the Legislature, this law strikes the critically important balance of providing tangible, permanent financial relief for Massachusetts families, seniors, and businesses, while ensuring that robust state funding for the Commonwealth’s most vital programs and institutions will continue.Some of the ways this bill will make Massachusetts more affordable and equitable for residents, and help our businesses compete nationally include:This is just a portion of what’s in this bill, and we encourage those interested in learning more to read it.That’s what the law does – but its importance is also about what it represents. In the wake of a pandemic that exacerbated the challenges facing every family and institution in the Commonwealth, citizens and businesses alike have stressed that the single most important issue to them is affordability – the ability to continue to live and thrive in Massachusetts.That challenge, ensuring that Massachusetts can be an affordable place for residents of all income levels, is why this tax relief package is far from the only action that the Legislature has taken this session to address the issue of affordability.The House and Senate also worked together to pass universal free school meals for our public-school students – saving each family of a school age child more than $1,200 per year. We passed free community college tuition for people over the age of 25 and for aspiring nurses—saving each of those students more than $4,000 per year in tuition. We also created tuition equity for undocumented college students, added $1.5 billion in funding to improve access to early childhood education and care, and more than $1 billion for housing and rental assistance.But the job’s not done. As we look ahead to the remainder of this session, we’ll remain focused on ensuring that the cost of living doesn’t price residents and businesses out of Massachusetts. The Legislature will continue to work to address the affordability concerns that we have heard again and again from folks across the Commonwealth.Along with Gov. Healey, we are focused on delivering on the promise of Massachusetts — the promise to make our Commonwealth more affordable, more competitive, and more equitable, so that every one of our residents and businesses can share in the success of a thriving Massachusetts.Karen Spilka is president of the Massachusetts&nbsp; Senate. &nbsp;Massachusetts Legislature/ Taxes and Budget Issues

– and today Gov. Maura Healey will sign the billThe culmination of more than a year of work by the Legislature, this law strikes the critically important balance of providing tangible, permanent financial relief for Massachusetts families, seniors, and businesses, while ensuring that robust state funding for the Commonwealth’s most vital programs and institutions will continue.Some of the ways this bill will make Massachusetts more affordable and equitable for residents, and help our businesses compete nationally include:This is just a portion of what’s in this bill, and we encourage those...

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Karen Spilka

commonwealthmagazine.org

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Tax relief makes Mass. more affordable - CommonWealth Magazine

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