CITIZENS   FOR  LIMITED  TAXATION  &  GOVERNMENT

 

CLT Update
Wednesday, March 14, 2001

CLT anticipates TEAM's support
for Voluntary Tax check-off


State House News Service

Daily State House Schedule
Wednesday, March 14, 2001

10:30... Tax Equity Alliance presents its perspective on state budget... Room 350


NEWS RELEASE

For Immediate Release
Wednesday, March 14, 2001

Contact: Barbara Anderson - (508) 384-0100
              Chip Ford - (781) 631-6842

CLT anticipates TEAM's support
for Voluntary Tax check-off

Finally, everyone can be a winner!

CLT anticipates the support of our erstwhile opponents of Question 4, the Tax Equity Alliance of Massachusetts (TEAM), for our equitable income tax check-off proposal.

CLT's bill, S.1734, offers TEAM and the 1,055,181 voters (the 41 percent that voted against the income tax rollback) a second opportunity to win. S,1734, CLT's Voluntary Tax (VT) check-off, sponsored by state Sen. Jo Ann Sprague (R-Walpole), proposes:

1)  All state personal income tax forms shall contain a check-off box which permits taxpayers to contribute to the Voluntary Tax, as if Question 4 had been defeated.

2)  The state personal income tax Schedules and Instructions booklet shall contain a table which provides the difference between the statutory income tax on personal income (Parts A and B) at its rate for that tax year, and the rate of 5.8 percent for tax year 2001, and 5.75 percent thereafter. This difference is the Voluntary Tax contribution.

3)  A line shall be added to state personal income tax forms on which the VT contribution can be added to the statutory income tax on personal income (Parts A and B) before calculation of the total state income tax.

4)  The Department of Revenue shall keep records of the number of taxpayers who choose to elect the Voluntary Tax contribution and the amount of revenue collected by the VT contribution in addition to the statutory state income tax.

If all million-plus voters elect the Voluntary Tax check-off, they can claim personal victory over Question 4 while providing funds for additional state spending.

CLT also supports H.2093 sponsored by state Rep. Fran Marini (R-Hanson), a version of our Voluntary Tax proposal revised by his office.


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