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Proposition 2½ (Mass. Gen. L. c. 59, § 21C) is a Massachusetts statute that limits property tax assessments and, secondarily, automobile excise tax levies by Massachusetts municipalities. The name of the initiative refers to the 2.5% ceiling on total property taxes annually as well as the 2.5% limit on property tax increases.
Everett is a city in Middlesex County, Massachusetts, United States, directly north of Boston, bordering the neighborhood of Charlestown. The population was 49,075 at the time of the 2020 United States Census .
The Legislature has authorized local governments to administer the property tax under state supervision, and to set property tax rates locally. A 1980 law, passed by popular ballot and known as "Proposition 2½," sets limits on property tax and automotive excise tax rates. There are three parts to the property tax limit calculation.
Boston, Massachusetts: At the presses of S. Hall, and Thomas & Andrews. OL 23272543M. Edwin P. Conklin, Middlesex County and Its People: A History. In Four Volumes. New York: Lewis Historical Pub. Co., 1927. Samuel Adams Drake, History of Middlesex County, Massachusetts: Containing Carefully Prepared Histories of Every City and Town in the County.
Excise taxes on tobacco raised $12.4 billion in fiscal year 2020. [2] The tax equals $1.01 per pack of 20 of cigarettes. Federal excise tax revenue from tobacco products peaked in fiscal year 2010 at $17.2 billion after the increase in tobacco product tax rates in the Children's Health Insurance Program Reauthorization Act of 2009. This tax ...
A 139-year-old Massachusetts paper was slated to publish its last editition Wednesday, after it agreed to a $1.1 million settlement in a defamation case filed by the mayor of the city of Everett ...
This proposed law would remove the Massachusetts sales tax on alcoholic beverages and alcohol, where the sale of such beverages and alcohol or their importation into the state is already subject to a separate excise tax under state law. The proposed law would take effect on January 1, 2011.
Everett: City Middlesex Mayor-Council 49,075 3.7 sq mi (9.58 km 2) ... Nearly all of Massachusetts territory had been incorporated by 1815, ...