Massachusetts voters will
face a ballot question on Nov. 5 asking whether to eliminate
state income taxes that generate $9 billion of the state’s $23
billion budget, the Boston Globe reported.
Eliminating the state income tax would give consumers an
average of $3,000 more to spend each year, pumping cash into the
economy and creating between 300,000 and 500,000 jobs, the Globe
reported, citing Carla Howell, Libertarian Party candidate for
governor. Howell helped lead the drive to put the income tax
question on the ballot, the report said.
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Critics said the proposal would cripple basic operations
from police to education because more than half of the state’s
budget is spent on mandatory debt service and federally
subsidized programs for the poor, the Globe reported.
Private sector solutions couldn’t compensate for the
reductions in state government, the Globe quoted Michael Widmer,
president of the Massachusetts Taxpayers Foundation, as saying. A
no-tax vote would “repeal the 20th century,” he said, according
to the Globe.
Bloomberg News
