Tell Your Senator: MA Wants Progressive Tax & Housing Policy
Last November, Massachusetts voters passed the Fair Share Amendment, delivering a fairer tax system that will raise more than a billion dollars each year for transportation and public education. However, tax plans proposed by the Governor and the House would undermine the will of the voters by including hundreds of millions of dollars in unnecessary giveaways to the ultra-rich and large corporations.
Fortunately, the MA Senate put forth a more progressive tax package, but it can do more to protect the Fair Share victory and to address our state's affordable housing crisis:
Urge your senators to support the following amendments to the Senate's tax reform package:
- Amendment #16 (Sen. Eldridge): Improve HDIP to create affordable housing, which would ensure that Housing Development Incentive Program (HDIP) funds support badly needed mixed income housing by requiring developments funded under the program to have at least 20% permanently affordable housing.
- Amendment #19 (Sen. Eldridge): Improve transparency of HDIP program, which would establish regular reporting on the awarding of such tax incentives
- Amendment #26 (Sen. Lewis): Reducing high income tax avoidance, which would protect the revenue raised by the Fair Share Amendment by ensuring that couples who file jointly on their federal taxes do so in Massachusetts as well.