Economists Support Governor’s Tax Plan A group of 57 local economists has signed a letter backing Governor Deval Patrick’s revenue-raising plan to fund $1.9 billion dollars’ worth of education and transport upgrades. This latest endorsement comes after the Governor’s proposals met with resistance last week from House Speaker Robert DeLeo, who called for a much more moderate revenue package.
Economists Support Governor’s Tax Plan A group of 57 local economists has signed a letter backing Governor Deval Patrick’s revenue-raising plan to fund $1.9 billion dollars’ worth of education and transport upgrades. This latest endorsement comes after the Governor’s proposals met with resistance last week from House Speaker Robert DeLeo, who called for a much more moderate revenue package. Guest Barry Bluestone, director of […]
Local economists back Patrick’s tax hike plan A group of more than 50 economists will voice their support Monday for Governor Deval Patrick’s plan to increase Massachusetts’s income tax, saying that chronic underfunding of the state’s education and transportation systems has threatened future prosperity. “We believe there needs to be a significant increase in investment to make sure we remain economically competitive,” […]
Economists split on wisdom of Patrick’s tax plan It’s Massachusetts’ version of the federal tax debate that bitterly divided Congress: Will tax increases of the kind recently proposed by Governor Deval Patrick help or hurt the local economy? And much like the federal debate, economists disagree. Some support the governor’s plan, lauding it for creating jobs and making the state more attractive to […]