The 5-5-5 Tax Rollback
Income Tax It’s time to roll back the Income Tax hike to its traditional 5% rate. Using the initiative petition process, the citizens of Massachusetts voted to return the state’s personal income tax rate to 5% more than a decade ago. Defying the will of the voters, the Democrat Legislature maintained its 5.3% income tax hike. Standing with the voters and taxpayers of Massachusetts, Jim Lyons is fighting on Beacon Hill to roll back the Income Tax rate to 5%.
Sales Tax In the summer of 2009, the Beacon Hill power brokers increased the Sales Tax rate from 5% to 6.25%. That’s a whopping 25% tax hike on consumers and retail shops. For three decades, Jim Lyons has worked in his family’s small retail business. Jim is acutely aware of the negative effect that this tax hike has had upon consumers and struggling retail businesses in the Merrimack Valley, because of our proximity to tax-free New Hampshire. Jim Lyons is fighting to roll back the sales tax rate to 5% and to reinvigorate small business growth and job creation in our communities.
Meals Tax The Democrat Legislature also voted a punishing 25% hike of the meals and restaurant tax, from 5% to 6.25%. Like the sales tax increase, the meals tax hike punishes consumers and restaurants, mostly small, locally-owned businesses. Jim Lyons is fighting to roll back the meals and restaurant tax to its longstanding 5% rate.
Increasing Local Aid
Jim Lyons and 32 other reform Republicans fought for increasing Local Aid by millions of dollars in the 2011 and 2012 state budgets. Jim’s hard work is producing results: Local Aid to the 18th Essex District has increased by over a half million dollars. Jim’s sound fiscal proposals will ad $50 million in local community funding and equitably fund our school district Foundation Budgets.
Steady advocacy for Local Aid protects working families who pay the bulk of property taxes. Local Aid supports our community budgets, preserves Proposition 2 and 1/2, and caps our property taxes.
Jim Lyons is working to maintain the local services that matter most to our communities. Local Aid helps our towns sustain those services nearest to our families: education, libraries, police, fire, public safety, first responders, and public works.