Thursday, May 5, 2022

Senate President Spilka: "to explore providing tax relief to the people of the Commonwealth”

"MASSACHUSETTS TAX revenues continued to soar in April, astonishing experts who track the numbers and prompting Senate President Karen Spilka to announce that she intends to push for some sort of tax relief package before the end of June.

April tax collections totaled $6.9 billion, up more than $3 billion compared to the same month a year ago and more than $2 billion ahead of the state’s revenue forecast for the month. Even after adjustments for an excise tax that is temporarily accelerating tax payments, revenues in April were up 77 percent from a year ago and 43 percent ahead of the state’s consensus revenue forecast, according to numbers released by the Department of Revenue on Wednesday."

Continue reading the article online -> 

Senate President Karen Spilka's statement on the tax revenue and relief package as proposed   https://twitter.com/KarenSpilka/status/1521998899346558976

Senate President Spilka: "to explore providing tax relief to the people of the Commonwealth”
Senate President Spilka: "to explore providing tax relief to the people of the Commonwealth”

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