It’s fair to wonder how far state politicians will get toward cutting taxes this year, considering how last year’s efforts turned out.
House and Senate lawmakers will meet in joint conference committee beginning this week, with the goal of ironing out the differences between their respective tax cut proposals and hoping, one imagines, that this year’s efforts aren’t as wasted as the last.
Last June talks fell apart after negotiators learned a rarely invoked law from 1986 would require the state to send nearly $3 billion back to taxpayers. This summer tax talks come just as the Commonwealth grapples with a potential multi-billion-dollar budget hole stemming from the Baker Administration’s apparent misuse of COVID-era funds for unemployment benefits.
