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Patrick Calls For Income Tax Hike, Sales Tax Cut
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Gov. Deval Patrick went big in his State of the State speech last night, calling for a major restructuring of the Massachusetts tax code.
His plan would add $1.9 billion in revenue to state coffers, which the governor wants to invested in schools, transportation and what he calls "innovation." A lot of the money would go toward rail service from the Berkshires to Cape Cod, a stabilized MBTA and the construction of new schools.
Guests:
- Michael Widmer, president of the Massachusetts Taxpayers Foundation
More:
- You can watch the State of the Commonwealth address here
- Boston Globe "Patrick pushes for income tax hike"
- CBS News "Gov. Patrick Calls For Income Tax Hike"
This segment aired on January 17, 2013.