If you ask the folks behind this year’s ballot push to shave a percentage point off the state’s income tax, they’ll tell you it’s all about preserving the commonwealth’s competitive advantage.
Approving that 1% cut to the Bay State’s 5% personal income tax levy, they argue, will encourage businesses to stay, hire and expand their footprint in Massachusetts.
It’ll also keep homeowners, who have been battered by the commonwealth’s admittedly high cost of living, from fleeing to more tax-friendly climes…