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Massachusetts Budget and Policy Center | | Democracy. |
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Less Revenue. Fewer Investments. |
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Earlier this week, House and Senate leaders unveiled their plan to fund transportation with a combination of new tax revenue and increased fees. The plan would shore up MBTA finances and move MassDOT employees from the capital budget to the operating budget--freeing up resources for capital spending. The Joint House and Senate plan is significantly smaller than the Governor's earlier transportation package and it does not include the investments in education that the Governor had proposed.
The Joint Ways & Means plan is significantly smaller than the Governor's, raising less money for capital projects.
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New tax revenues to support the Joint Ways & Means plan come from a mix of focused changes, including increases in gas and tobacco taxes along with some changes to business taxes
The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts. |
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