Boston Mayor Michelle Wu is intensifying her efforts to push through a contentious tax proposal, shifting the city's tax burden onto commercial real estate. She warns that average single-family homeowners in Boston face a 13% hike in property taxes starting January.
Despite Wu's renewed push, prospects for her plan winning approval in the State House appear dimming. This is Wu's third attempt at passing a similar plan, which has faced significant opposition from business groups and fiscal watchdogs.
Wu's proposal would temporarily raise the cap on commercial property tax rates before gradually returning to the current formulation over several years. However, timing may be against her, as the City Council will soon vote on property tax rates and residential exemption amounts, a decision that must occur by December 1 to ensure timely billing.
The mayor is facing opposition from key allies, including Senate President Karen Spilka, who has highlighted alternative proposals from state senators Nick Collins and William Brownsberger. Collins accused Wu of playing politics and warned that her public push for the legislation last week indicates setting up a fight.
Business groups have offered mixed reactions, with some supporting Wu's plan while others warn that further punishing commercial properties would only exacerbate the issue. The Massachusetts Senior Action Council blames state lawmakers for not acting sooner to address the issue, saying they will face similar struggles in the future if their own taxes do not decrease.
Wu is being backed by some City Council members and labor unions, who held a press conference to show support for her proposal. However, Collins remains determined to work with Wu to deliver taxpayer relief while protecting small businesses and avoiding economic risk.
As the mayor's public push gains momentum, a personal feud between Wu and Collins appears to be escalating. Collins accused Wu of being either misinformed or misleading voters regarding donations he received from real estate developers, which she cited in her social media video.
Despite Wu's renewed push, prospects for her plan winning approval in the State House appear dimming. This is Wu's third attempt at passing a similar plan, which has faced significant opposition from business groups and fiscal watchdogs.
Wu's proposal would temporarily raise the cap on commercial property tax rates before gradually returning to the current formulation over several years. However, timing may be against her, as the City Council will soon vote on property tax rates and residential exemption amounts, a decision that must occur by December 1 to ensure timely billing.
The mayor is facing opposition from key allies, including Senate President Karen Spilka, who has highlighted alternative proposals from state senators Nick Collins and William Brownsberger. Collins accused Wu of playing politics and warned that her public push for the legislation last week indicates setting up a fight.
Business groups have offered mixed reactions, with some supporting Wu's plan while others warn that further punishing commercial properties would only exacerbate the issue. The Massachusetts Senior Action Council blames state lawmakers for not acting sooner to address the issue, saying they will face similar struggles in the future if their own taxes do not decrease.
Wu is being backed by some City Council members and labor unions, who held a press conference to show support for her proposal. However, Collins remains determined to work with Wu to deliver taxpayer relief while protecting small businesses and avoiding economic risk.
As the mayor's public push gains momentum, a personal feud between Wu and Collins appears to be escalating. Collins accused Wu of being either misinformed or misleading voters regarding donations he received from real estate developers, which she cited in her social media video.