Taxes

MA Governor Wants To Hike Income Tax, Cut Sales Tax

He wants more money, of course

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In a surprising move, Gov. Deval L. Patrick Wednesday called for a sharp increase in the state income tax and a deep cut in the sales tax.

In his annual "State of the State" speech, Patrick asked the state Legislature to approve a hike in the state's 5.25 percent income tax to 6.25 percent and a reduction in the 6.25 percent sales tax to 4.5 percent.

Patrick said the proposed tax changes would make Massachusetts more comparable and competitive with other states. Patrick said proceeds, estimated at $1.9 billion a year, would go to public education and transportation projects.

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