Small property owners are urging Massachusetts Senators to reject Boston Mayor Michelle Wu’s commercial and residential property tax increase.
The Small Property Owners Association (SPOA) is appealing to senators to hold the line on fiscal sanity and protect Boston property owners from this unnecessary and unfair tax increase.
Mayor Wu proposed a dramatic 8% increase to Boston’s FY 2025 budget that relies heavily on her proposal to shift the city’s tax burden.
The mayor is seeking a budget increase of more than twice the proposed increase for the state budget. SPOA is asking senators to insist the city cut its excessive spending before considering any tax increase.
“We hope the Senate will resist this tax shift, as it harms small businesses and commercial owners from Boston and other cities,” said SPOA Vice President Amir Shahsavari. It’s like throwing ice water on the city’s economy. We do not support Mayor Wu’s bill as any tax should not be considered without budget cuts. City spending is out of control. We may not all live in Boston, but our businesses and livelihood are there, as are the important contributions we make to the Boston economy,” Shahsavari added.