Brian Dempsey labeled the challenges a “triple threat’’ as lawmakers lay groundwork for next year’s state budget.
Bay State officials predict job growth will slow
It will hinder state recovery from recession
Brian Dempsey labeled the challenges a “triple threat’’ as lawmakers lay groundwork for next year’s state budget.
Massachusetts taxpayers appear set to receive an automatic, though slight, cut in their state income taxes on Jan. 1, revenue officials said yesterday. It would be the first such reduction in the tax rate since it was frozen nearly a decade ago. The cut, from 5.3 percent to 5.25 percent, would be triggered by a sustained period of growth in tax revenue during the last year and a half.
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