From Team Healey <[email protected]>
Subject Here’s how the Healey Tax Cuts could impact you
Date November 13, 2023 12:32 AM
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After campaigning to make Massachusetts more equitable and affordable, last month Maura signed our state’s first tax cuts in 20 years — and they’re BIG news.


The Healey Tax Cuts include more than a billion dollars in relief, getting money back in the pockets of families, seniors, renters, homebuyers, commuters, and more.

We wanted to give you a quick example of what the new cuts will look like.

Let’s say you’re a family of five – two parents and three kids.

Maura and the legislature increased the Child and Family Tax Credit to $440 by 2024, and got rid of the cap on dependents.

That’s $1,320 dollars back in your bank account.

Now let’s say your family rents an apartment in Springfield. Chances are, you’ll be able to take advantage of the full, now $4,000 rental deduction. Now you’re up to $5,320.

What if one parent spends roughly $700 on bus fares for them and the kids with the Pioneer Valley Transit Authority, and the other just bought a new bike, and spent a few hundred dollars on maintenance?

Now, you can write off up to $1,300 in commuter expenses. That brings your savings up to $6,620.

How you use your savings is up to you, but whether you put it towards paying the bills, a down payment on a new house, a college fund, or something else — that money will make building a life in Massachusetts easier.

Affordability matters. That’s why it’s so important we have a governor who’s made it a priority to bring down costs for everyone across our state.

And she’s only just getting started.



-Team Healey



P.S. Forward this email to anyone who might be curious about how the new tax cuts will look in action!






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