Skip to comments.Concord (Ma) boosts local income tax
Posted on 05/07/2012 5:53:30 PM PDT by massmike
Looks like the Concord crazies are after more than just bottled water. Theyre after your paycheck too.
At the recent Town Meeting, a handful of residents passed a measure endorsing Rep. Cory Atkins effort to change state law to allow local governments to impose income taxes on top of the state and federal income taxes we already pay.
Supporters of Atkins House Bill 3375 claim that the measure is necessary to reduce the burden of high property taxes.
Sound familiar? It should. Gov. Deval Patrick increased our state taxes allegedly for the purpose of lowering local property taxes. Howd that work out for us? Yeah, not so well.
But even taking supporters of the bill at their word that revenues from local income taxes will be used only to lower property taxes the bill makes no sense.
Substituting income taxes for even a portion of property taxes would have the perverse effect of lowering the tax burden on millionaires who live off investments and reside on large estates, while raising the tax burden on renters and younger workers supporting their families.
Conveniently, Atkins bill provides the perfect end-run around Proposition 21⁄2 which prevents increases in annual property taxes of more than 2.5 percent without a vote. You see, the bill does not require towns to submit proposed income tax increases to a vote.
In other words, H3375 is a blank check that encourages increased government spending without restraint. And in the long term, it will increase the tax burden of the citizens of any town that chooses to exercise the local option.
If you believe otherwise, Rep. Atkins has a bridge in Concord shed like to sell you.
(Excerpt) Read more at bostonherald.com ...
It's come a long way since the American Revolution!
...In the WRONG direction!
Of course they will end up with all those taxes and local income taxes to boot like New York state.
I’m glad I couldn’t afford to live in Concord because I really couldn’t afford to live in Concord now
Yes. Continue to crush those who are making money in a crap economy. Make them pay. Its the tyrants way! Make ‘em hurt and crush them fiscally. Tax everything! Show ‘em whose boss!
grew up in Acton and still have business there... i hardly recognize the area anymore.
more and more i cannot relate to the people.
i could wonder what happened... but i know. progressive dogma shoved down the throats of school kids for decades produced righteous little socialists
Concord MA. Where the American Revolution was born... and died.
At least they voted down a cat leash law at the same meeting where they banned the bottled water. No joke.
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