Tags: Property taxes

Boston Eyes Commercial Tax Hike to Counter Office Market Dip

Boston Eyes Commercial Tax Hike to Counter Office Market Dip

By Brooke Sutherland and Sri Taylor Boston Mayor Michelle Wu is seeking to raise commercial property tax rates to help protect homeowners from the brunt of the historic slump in office property values. Wu has submitted a petition for a temporary increase of the city’s tax-rate ceiling for commercial properties relative to residential levies. The proposal aims to redistribute the tax burden […]

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