Stay with us on this one, but CHEERS to the state’s recent uptick in income tax collections.
Why is it good news that the state will likely bring in $12 billion in income tax revenue this year? Well, as the Boston Business Journal explains it, the robust rate of collection this year will likely trigger a tax cut next year.
“According to a state law passed in 2002,” the Business Journal writes, the state’s income tax rate is set to automatically adjust down by 0.05 percentage points if certain collection benchmarks are met. These triggers will remain in place until a minimum income-tax threshold of 5 percent is reached.”
So, be happy — you’ve likely been taxed into a tax cut, though we’re sure lawmakers are already looking for ways to recoup the “lost” state revenue. It won’t be lost, of course. It will be back where it belongs — in the pockets of taxpayers.
JEERS to the “pranksters” who take up valuable police and fire department time — and put residents’ lives in danger — with hoax phone calls to the police.
Police and firefighters were dispatched to a Hale Street home three times last weekend for what turned out to be false reports. The first time, emergency personnel were told a woman at the residence wasn’t breathing; another time, responders were told someone was trapped in a fire.
And last week, six Greater Boston Kmart stores received bomb threats. The Massachusetts State Police bomb squad investigated threats at Kmarts in Acton, Braintree, Lowell, Milford, Saugus and Somerville, but no devices were found.
Here’s hoping the perpetrators in both cases are found and prosecuted soon.
CHEERS to the Cunningham family of Salem for their dedication to the democratic process. Three generations of the family served as poll workers at the Ward 4, Precinct 2, voting station at Witchcraft Heights Elementary School Tuesday.