Patrick will also call for personal tax exemption to be doubled and for a number of “special favors” in tax code to be eliminated to broaden the tax base.
“That is what I propose. There will be debate. I encourage it. Every one of us here has to think twice before asking people who already feel strapped to contribute a little more. But this time, instead of sinking into the same old slogans, let’s have a serious, fact-based debate,” Patrick plans to say.
Mindful of the sensitivity associated with such a major tax increase, Patrick aides circulated lists of government reforms enacted under Patrick’s watch as well as lists of planned investments using new tax revenues.
Patrick on Monday called for major revenue increases to finance state transportation infrastructure investments and on Tuesday outlined his plans for massive new public expenditures in education. The plans would require an infusion of $1.5 billion to $2 billion a year in new revenue over the next four years.