... Gov. Baker to speak at Mintz Levin pharmaceutical summit on May 8 ...... Student loan collection bill on Senate's agenda for Thursday ...... Senate supplemental budget (S 2481) likely to receive approval on Thursday ...... Judiciary Committee has until May 2 to vote on sexual harassment, drugged driving bills ...... Baker returns Garden of Peace proposal with amendment, cites constitutional concerns ...... Solomon McCown hosting May 1 panel on "Enlightened Leadership During This Cultural Reckoning" ...... Poll: nearly two thirds of U.S. adult citizens will stay away from polls for mid-term elections ...... Sabadosa to kick off campaign for House seat Sunday in Northampton ...... Scaccia: tax credits to "richest people" in film industry are denying state Treasury $818 million ...... Daily Show's Trevor Noah to perform at UMass Lowell on Oct. 5 ...... Baker, Walsh chairing Asian American Civic Association gala in Boston June 22 ...... Baker asks feds for longer lookback at driving records of commuter rail operators ...... AG Healey to address Greater Boston Chamber breakfast on Thursday morning ...... Eric Donovan of Dorchester is Baker's pick for clerk magistrate in Brighton court ...... Former Sen. Barrios pays $19,500 to General Fund to resolve campaign $$$ problems ...... Rep. Calter is latest to leave Legislature, will take town administrator's job in Kingston ...
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REPORT: SALES TAX HAS NOT BEEN MBTA LIFELINE, AS ENVISIONED

By Michael P. Norton
STATE HOUSE NEWS SERVICE

JAN. 10, 2018.....The MBTA's share of sales tax revenues has fallen short of original projections and failed to deliver the stable funding source lawmakers envisioned when they overhauled the agency's finances in 2000, according to a new report.

Sales tax revenues represented 60 percent of total MBTA revenue in 2003, but declined to a 48 percent share in fiscal 2017, despite an increase in the sales tax rate from 5 percent to 6.25 percent in 2009, the Massachusetts Budget and Policy Center said in its report.

An advancing 2018 ballot question would roll that sales tax rate back to 5 percent, while a constitutional amendment marked for the ballot this year would impose a 4 percent surtax on households with income above $1 million, with the resulting revenues targeted for education and transportation.


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