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Topic: HLS 6060 DF5 Initial The Tax Revenue Structure
Answer these questions separately with 3 references for each separated please do not relate the questions i live in ny:
Personal income tax collections account for what percentage of total tax revenues in your state (may or may not be Massachusetts)? Does it seem reasonable that this portion of the budget could be eliminated? Support your ideas.
What options are available to ensure that expenditures are in line with the changes in the tax revenue structure? Is it realistic to believe that state agencies could continue to ‘do more with less’?
1 The revenue collection in Boston, Massachusetts as announced by the revenue commissioner Michael J. Heffernan in the month of May last year was at $1.868 billion ("May Revenue Collections Total $1.868 Billion", 2017). Ideally this is much higher than the state took in last year. This is associated with the fact that the state made collections during the Amnesty program introduced in the sta