Chapter 62F of the Massachusetts General Laws stems from a voter passed initiative from 1986, spearheaded by Citizens for Limited Taxation (CLT). That law claims that if state tax collections are greater than the growth in salaries and wages, any surplus must be returned to the taxpayers. This law has only ever been triggered twice, once in 1986 and again in 2022, after many months of the state coffers collecting tax revenues far exceeding projections. Currently, the returns are calculated proportionally to what each person pays in.
Unfortunately, Beacon Hill leaders want to change the law into a wealth redistribution scheme by changing the rebate so everyone will get the same amount back rather than receiving a rebate based on the amount paid in. This is a page out of the socialist playbook and we all know how that ends. They need to hear from you and your friends and family about why it’s important to keep the current language of this taxpayer protection law that is so rarely even triggered. Please contact your state representative and state senator now and tell them to protect Chapter 62F in its entirety.