Boston’s Wealthy Real Estate Players Avoid Paying their Fair Share
The state legislature has blocked the city’s luxury real estate transfer tax for nearly four years.
The state legislature has blocked the city’s luxury real estate transfer tax for nearly four years.
A proposed tax hike on private jet fuel could raise $1.8 billion a year for sustainable transit.
This expensive, carbon-intensive form of travel is bad for both the earth and the taxpayers who subsidize it for the ultra-rich.
Investor purchases accounted for 24 percent of all residential real estate sales in Boston in the fourth quarter of 2022. A 10 percent tax on those sales could yield $82 million in revenue.