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Baker Sees 1986 Law Triggering $2.5 Billion In Rebates

Colin A. Young & Chris Lisinski7/28/22 5:56 PM

With just three days left to hold formal sessions this year, Beacon Hill Democrats may have to take their long-discussed $1 billion tax reform and relief plan back to the drawing board now that it appears that a 1980s law largely relegated to the depths of Beacon Hill memories will be triggered by the fiscal year 2022 surplus, resulting in nearly $3 billion being returned to taxpayers.

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