TAXES

The tax proposal Massachusetts Gov. Maura Healey plans to file Wednesday alongside her first annual state budget bill would create a new estate tax credit of up to $182,000, a measure that would effectively eliminate the levy on estates worth less than $3 million and give relief to larger estates.

A week after announcing it was reviewing the taxability of one-time payments made in several states, the IRS has determined that Massachusetts, Georgia, South Carolina and Virginia will all fall into the same category excluding most refunds from counting toward income.

Question 1 is a proposed constitutional amendment on Massachusetts ballots that would establish an additional 4% state income tax on annual taxable income over $1 million. Revenue from this tax would be dedicated for public education and transportation, subject to the Legislature's appropriation of that money.

Chris Dempsey, a former transportation official, and Diana DiZoglio, a state senator, both vow to fight for working families.

Massachusetts House and Senate leaders are signaling there's agreement on the framework of a tax relief package that builds on a plan to give $500 million in rebate checks to eligible residents.

The April tax free week, which includes athletic wear, is aimed at increasing traffic at Connecticut malls and retailers.

Matt Murphy of the State House News Service explains how areas of government are faring as COVID-19 health and safety measures are gradually lifted, and the Statehouse in Boston allows visitors again.

Matt Murphy of the State House News Service explains how areas of government are faring as COVID-19 health and safety measures are gradually lifted, and the Statehouse in Boston allows visitors again.

Gov. Ned Lamont proposed a new state budget Wednesday that shifts hundreds of millions of dollars in federal pandemic relief outside of normal appropriations, funds a middle-class property tax relief program and makes major new investments in social services, health care, education and economic development.