Our Commonwealth's current prosperity depends, in no small part, on the investments that earlier generations made before us. Think of where we'd be if earlier generations hadn't invested in our subway system or the Massachusetts Turnpike - or if the Commonwealth hadn't committed to establishing the nation's first public school. Our state and our lives would look quite different today without those forward-thinking investments.
Some of the most important things we do together through state and local government is educate our children, increase the mobility of our people through public transit and safe roads and bridges, and improve people's well-being through access to healthy foods, medical care, and other necessities. And, improving the quality of the education our children receive and the transportation infrastructure our communities rely on requires up-front investments for long-term pay-offs.
Tax revenue helps fund these important priorities. For this year's income tax filing deadline, the Massachusetts Budget and Policy Center (MassBudget) is revisiting some of its recent papers related to the state's tax system. Here are some of the highlights:
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