Thursday, March 28, 2024

Boston Mayor Wu rolls out 'emergency' plan to increase commercial tax rates

So many bad ideas!

"Mayor Michelle Wu is pushing for an emergency law that would raise commercial tax rates for five years."

"Mayor Michelle Wu rolled out an “emergency law” to allow Boston to begin increasing property taxes on businesses beyond the state limit next year, saying that residents could otherwise face higher …"

Boston Mayor Wu rolls out 'emergency' plan to increase commercial tax rates

Wu seeks to shift more tax burden onto commercial owners The proposal is meant to prevent a spike in residential tax bills due to declines in the values of offices and other commercial buildings. It must be approved by the state Legislature.

Boston Mayor Michelle Wu



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