CHICOPEE, Mass. (WWLP) – According to Senate President Stan Rosenberg, Massachusetts’ economy is strong, but its tax structure is not working.
The Senate President believes the state should consider imposing a tax on professional services, although he couldn’t specify which ones. That’s because there’s still no formal proposal on the possible tax.
Rosenberg did say he wants to create a bipartisan commission between government and the private sector to discuss how the tax system can better support the government and the economy.
He noted that the state’s tax system needs to be modernized; “Our tax revenues are not coming in so much because the economy has changed so much, and our tax system is built on the old model of the economy.”
Rosenberg added that taxes, like the sales tax, aren’t generating as much revenue as expected. He said the cost of goods is not going up as fast, and a lot are being purchased online without paying the state sales tax.