Thursday, March 5, 2020

Guess What Happened Yesterday in Taxachusetts


The Massachusetts House of Representatives overwhelmingly passed a package of fee and tax hikes late Wednesday night.

Lawmakers approved legislation, 113-40, which would raise the state’s gas tax 5 cents, to 29 cents per gallon. It would also hike fees in most cases by $1 per ride on ride-hailing companies such as Uber and Lyft.

The taxes and fees are expected to raise between $522 million and $612 million annually, according to The Boston Globe.

The tax bill now moves to the Senate where transit advocates are calling for the higher chamber should raise the levy on gas even higher.

-RW


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