Boston Faces a Bigger Office – and Budget – Crisis Than You Think
Gone unnoticed amid all the heated debate are signs that the underlying problem – the decline in office building values – may be even more serious than first thought.
Gone unnoticed amid all the heated debate are signs that the underlying problem – the decline in office building values – may be even more serious than first thought.
Accountants continue to sound the alarm over high-income residents leaving Massachusetts, in part to avoid the new income surtax that even the CPAs acknowledge has led to a “surge” in state tax revenues.
A report commissioned by the Healey administration estimates the governor’s $4.1 billion housing bond bill will produce tens of thousands of new homes and generate $24.8 billion in economic activity, roughly 30,000 jobs, and $750 million in state tax revenue over five years.