The House and Senate Ways and Means Committees held a joint session yesterday in Gardner Auditorium at the State House. Analysts told the committee members that state revenue growth in the next fiscal year is expected to drop substantially.

State likely to freeze tax exemption

Analysts cite slow growth in revenue

By Andrea Estes
Globe Staff / January 17, 2007

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For the first time in four years, Massachusetts taxpayers will not receive a higher personal tax exemption in 2008 under current projections, a sign of a slowing economy that could force difficult decisions on Beacon Hill this spring. (Full article: 1031 words)

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