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Interest Groups Protesting Patrick Plan to Tax Awards

Thursday, April 18, 2013 | 0

By Michael Whiteley, Eastern Bureau ChiefThe Massachusetts Workers' Compensation Advisory Council and the state Bar Association are calling on Gov. Deval Patrick to abandon a plan that would apply the state's personal income tax to all indemnity payments made as part of workers' compensation awards beginning on July 1, 2014.Patrick's $34.8 billion budget for fiscal 2013-2014 would eliminate 44 exemptions from the state's 5.25% tax on personal income tax and boost the overall income tax to 6.25% beginning on July 1, 2013.The Massachusetts Taxpayers Foundation estimated that ...

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