MONTPELIER, VT. (AP) — U.S. Sen. Bernie Sanders of Vermont is pushing legislation to stop corporations from sheltering income in the Cayman Islands and other tax havens. The legislation also would end tax breaks for companies that ship jobs and factories overseas.
Massachusetts Governor Deval Patrick is campaigning for a big tax hike. Patrick is making the case that more revenue is needed to pay for things people say they want and need.
Governor Deval Patrick, during a recent swing through western Massachusetts, pressed the case for raising taxes to invest in education and transportation infrastructure. Patrick met with students and faculty in a machinists training program at Springfield Technical Community College. The program prepares people to work in the precision manufacturing sector.
The number of craft breweries has exploded in recent years. In today’s Congressional Corner, Massachusetts Democratic Representative Richard Neal tells WAMC’s Alan Chartock that he is working on a tax change for such breweries.
The IRS has delayed the opening of the 2013 federal tax filing season until this Wednesday, January 30. The Massachusetts Department of Revenue is already accepting state returns. The D-O-R kicked off the tax return season with a new one stop web page. WAMC”s Pioneer Valley Bureau Chief Paul Tuthill spoke with the Massachusetts Revenue Commissioner, Amy Pitter.
BOSTON (AP) — Gov. Deval Patrick has asked the Legislature for a $1.9 billion in new taxes to support major new spending on transportation and education.
In his annual state of the state address to a joint session of the Legislature, Patrick called for hiking the state income tax from 5.25 percent to 6.25 percent, while doubling the personal exemption for all taxpayers and eliminating dozens of itemized deductions.
Massachusetts Governor Deval Patrick is expected to call for higher taxes in his State of the Commonwealth address tonight.
Governor Deval Patrick started making the case for higher taxes Monday when he endorsed a plan from the state department of transportation to increase spending by more than $1 billion a year on the highway system, commuter rail and regional transit authorities.