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Massachusetts: Revenue collected in 2022 surpassed the state’s legal annual tax revenue cap. As such, taxpayers received a refund of 14.0312% of their 2021 tax liability .
Good news, Bay Staters! A full 3 million of you are set to get a tax refund starting Nov. 1. Food Stamps: What is the Maximum SNAP EBT Benefit for 2023?Find: States Whose Economies Are Failing vs....
The average tax refund also varies by state. For instance, in Maine, the average refund was just over $ 2,314 , but in Texas, the average taxpayer got back $3,191 .
New Hampshire – no individual income tax. The state taxes dividends and interest at 3% in 2024. The former 5% tax was decreasing by 1% each year, but a 2023 law accelerated the repeal to the start of 2025. [15] For large businesses, the 0.55% Business Enterprise Tax is essentially an income tax. The state also has a 7.5% (2024) Business ...
Chapter 61 is a voluntary current use program designed by the Massachusetts Legislature to tax real property in the Commonwealth of Massachusetts at its resources value rather than its highest and best use (development) value. Landowners who enroll their land in the program receive property tax reductions in exchange for a lien on their property.
The treasurer and receiver-general of Massachusetts is an elected constitutional officer in the executive branch of the U.S. state of Massachusetts.Originally appointed under authority of the English Crown pursuant to the Charter of the Massachusetts Bay Company, the office of treasurer and receiver-general (commonly called the "state treasurer") became an elective one in 1780.
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Government of Massachusetts. The Commonwealth of Massachusetts is governed by a set of political tenets laid down in its state constitution. Legislative power is held by the bicameral General Court, which is composed of the Senate and House of Representatives. The governor exercises executive power with other independently elected officers: the ...