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The name of the initiative refers to the 2.5% ceiling on total property taxes annually as well as the 2.5% limit on property tax increases. It was passed by ballot measure , [ 1 ] specifically called an initiative petition within Massachusetts state law for any form of referendum voting, in 1980 and went into effect in 1982.
For US federal income tax purposes, state and local taxes are defined in section 164(a) of the Internal Revenue Code as taxes paid to states and localities in the forms of: (i) real property taxes; (ii) personal property taxes; (iii) income, war profits, and excess profits taxes; and (iv) general sales taxes.
Property tax has been shown to be regressive [2] (that is, to fall disproportionately on those of lower income) under certain circumstances, because of its impact on particular low-income/high-asset groups such as pensioners and farmers. Because these persons have high-assets accumulated over time, they have a high property tax liability ...
2 Unsuccessful 2005 and 2007 Boston City Council ... to Mayor Wu's initial proposal to adjust commercial property taxes. ... 2021 Boston 2nd district City ...
The Boston City Charter is a series of State statutes which codifies a system of rules for the government of the City of Boston, Massachusetts. The Charter is not a typical city constitution but rather a series of amendments, General Court rulings, and case law which form the basis of government.
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Barbara Anderson (1943 – April 8, 2016) was an anti-tax activist. [1] She was eulogized by Governor of Massachusetts Charlie Baker [2] for her contribution to reducing property, income and excise taxes for state citizens [3] (moving Massachusetts from the sixth-heaviest taxed state to the 36th).
The Boston City Council is the legislative branch of government for the city of Boston, Massachusetts, United States. It is made up of 13 members: 9 district representatives and 4 at-large members. Councillors are elected to two-year terms, and there is no limit on the number of terms an individual can serve.