Mass Tax Refunds start this week

Mass Live ^ | 11/1/2022 | Masslive

[Vermont Lt]

As Massachusetts officials prepare to send nearly $3 billion in excess state revenues back to taxpayers starting this week, the Department of Revenue late Monday afternoon clarified its staggered distribution plan for Bay Staters.

[Vermont Lt]

I have lived in MA for most of 62 years. This is the first time I can recall the state government actually doing something right.

I am sure Maura Healy will grab it back as soon as she is installed at the first Lesbo-Gov.

[uranium penguin]

And yet..
RAISING taxes is on the ballot...

They took in 3+ BILLION more than they should have this past year

[FlingWingFlyer]

With the Feddies shoveling out free money as fast as they can print it, the high tax blues states have so much money they are starting the free money routine also. Good way to pick up lots of votes.

[EvilCapitalist]

I live in PA, but if I lived in Mass, and was getting some sort of refund, I’d save it for heating oil.

[SunkenCiv]

IOW, give it back just before the election, and take it back along with more next year?

[glorgau]

Hmmm, I earned about $20K in MA this year... nice to know that some might come back.

[ronnie raygun]

right before the midterms perfect ploy

[supremedoctrine]

“pick up lots of votes”——maybe even, in knee jerk reflex, for Fetterman over Oz.

[FoxInSocks]

For now, low-income households who do not pay income taxes would not get any refund under the tax cap law — neither would households who owe $0 once other credits, like the earned income tax credit and dependent care credit, are factored in, Wright pointed out.

Equity issues surrounding Chapter 62F are a “legitimate gripe,” House Ways and Means Chairman Aaron Michlewitz told reporters last week.

It’s just unreal. If you don’t pay a dime in net income tax, how can you possibly be entitled to a “refund” in any amount? A fair flat rate times your income tax paid is a rudimentary mathematical calculation. Any percentage times zero is zero. I’m sure all the people who feel slighted at missing out on a check from the government can’t perform that math or see the fairness.

[FoxInSocks]

Reading my own response, I can see the entitlement mentality that has been bolstered by the fact that you can get a federal tax “refund” even if you don’t pay any taxes — different “credits” add up to become a “refund” of something you never paid.

[bobcat62]

Are they going to tax this additional rebate?

[supremedoctrine]

“pick up lots of votes”——maybe even, in knee jerk reflex, for Fetterman over Oz.

[Nextrush]

The COVID funny money is in the coffers until 2024 states can pass it around before elections to buy votes this year.

Republican governors like Kemp in Georgia and Brad Little in Idaho handing out inflation causing COVID money from Washington DC to bribe voters before the election as well.

[ridesthemiles]

The same way illegal invaders who cannot LEGALLY hold a job in the USA can file a 1040 & get a “REFUND” for Child Tax Credit...Over $4000.

[Codeflier]

You are right. The only reason these states have “surpluses” to give back is all that COVID printed money. If that hadn’t been done, so many states would have been in the red.