Politico on the Healey Administration tax plan:
Healey surprised Democrats on and off Beacon Hill by pitching an expansive tax-relief package that surpasses former Gov. Charlie Baker’s in scope and in cost. She’s calling for a $3 million estate-tax threshold, up from the $2 million marker floated last year. And she’s reviving a part of Baker’s plan that lawmakers nixed: taxing short-term capital gains at 5 percent rather than 12 percent.Politico
This post is a part of Old Colony Law’s Estate Tax Updates.