Wu Seeks Tax Shift Toward Commercial Properties - Banker & Tradesman bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.
Mayor Michelle Wu rolled out an “emergency law” to allow Boston to begin increasing property taxes on businesses beyond the state limit next year, saying that residents could otherwise face higher taxes driven by a decline in commercial values.
Mayor Michelle Wu is considering filing legislation that would allow Boston to increase property taxes on businesses beyond the state limit, given the steady decline in commercial values expected to lead to higher taxes for homeowners.
(The Center Square) – Boston is projected to lose $1.4 billion in tax revenue thanks to a decrease in office building spaces over the next five years, a new report
Office Woes Threaten Boston Budget With 'Economic Act of God' bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.