On May 5, the Joint Committee on Revenue will hold a public hearing on An Act to Invest in Our Communities. This bill, strongly supported by PHENOM, would raise $1.2 billion per year in a progressive manner. It restores the 5.95% income tax rate, nearly doubles personal exemptions so the increase is paid entirely by those who can afford it, and raises the capital gains tax rate – our most progressive tax. The hearing begins at 10 a.m. in Gardner Auditorium in the State House. We want to help pack this large room and have buses coming from Western Mass. Contact us at email@example.com for more information.
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