Boston Mayor Michelle Wu urges state lawmakers to approve a business tax increase (H4805) to prevent a 33% spike in residential property taxes.

Boston Mayor Michelle Wu urges state lawmakers to approve a business tax increase to avoid residents being forced out of their homes due to potentially significant property tax bill increases. Wu supports H4805, a bill that aims to raise commercial tax rates, as not doing so could lead to a 33% spike in residential property taxes. The state legislature must approve the city's request by July 31.

July 16, 2024
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