New Laws Take Effect January 1st in MassachusettsThe state's income tax rate drops Jan. 1 from 5.1 percent to 5.05 percent. Associated Press
State Income Tax To Be Reduced SlightlyThe new year may bring a small tax cut for Massachusetts residents. The state revenue department is announcing the state's income tax will be automatically lowered from the current 5.25 percent to 5.2 percent on Jan. 1....Jim Phillips