THE EVERETT ADVOCATE – FRiDAy, July 8, 2022 Page 7 Senior Advocacy Groups Urge Passage of Baker-Polito Tax Cuts to Support Older Adults B OSTON – Last week, several advocacy organizations representing older adults in Massachusetts urged passage of the Baker-Polito Administration’s comprehensive tax relief plan. The Administration’s proposal would provide $700 million in tax relief to support those most impacted by rising prices and infl ation, such as seniors on fi xed incomes, renters and residents who care for older adults or children. State tax revenues continue to dramatically overperform expectations, with a recent deposit of $2 billion deposit of excess capital gains revenue into the Stabilization Fund leading to an all-time high balance of $6.6 billion. Even with that historic deposit, the Commonwealth is on track for a signifi - cant surplus at the end of the fiscal year, and the advocacy organizations today urged legislative action to give some of that surplus back to taxpayers. “Older adults, many of whom are on fi xed incomes, have been especially hard-hit by infl ation and rising prices, and our tax cut plan would provide meaningful relief for seniors and their families,” said Governor Charlie Baker. “With state tax revenues continuing to come in far above benchmark, state government can more than aff ord to give seniors and other residents hurt by inflation a tax break. We hope our colleagues in the Legislature will join us to enact these tax cuts which would help those who are hardest hit by these tough times.” “Inflation and rising prices are impacting everyone in Massachusetts, but especially seniors on fi xed incomes,” said Lt. Governor Karyn Polito. “Our tax cut plan takes advantage of Massachusetts’ large expected surplus and targets relief to populations and communities who have been hardest-hit by both the pandemic and ongoing economic pressures.” “The Commonwealth remains in a historically strong fi scal position and has ample resources to continue investing in critical areas of need, while also implementing important tax relief measures for everyone in Massachusetts – particularly seniors,” said Secretary of Administration and Finance Michael J. Heff ernan. “We look forward to working with the Legislature over the coming weeks to pass these benefits onto hundreds of thousands of hardworking taxpayers and help ensure the continued strength of the AUTOTECH $$ CASH FOR YOUR CAR, TRUCK OR SUV! $$ GET YOUR VEHICLE SUMMER READY! Check out our AC SPECIAL Includes Complete Safety Check Only $99.95 2014 INFINITY JX80 All Wheel Drive, Premium Package, Every Conceivable Option, Warranty, Only 120K Miles! TRADES WELCOMED! $17,500 Easy Financing Available! Includes Freon 2011 FORD TAURUS 6 Cylinder, Auto., Most Power Options, Clean Title, Warranty, Only 140K Miles, Runs and Looks Great! TRADES WELCOME! $6,995 (781) 321-8841 • (617) 571-9869 1236 EasternAve • Malden EddiesAutotech.com Vehicle! We Pay Cash For Your memberspluscu.org 781-905-1500 EQUAL HOUSING OPPORTUNITY as low as SUMMER SIZZLER LOAN up to 12-Months $500 - $5,000 5.19% Vacations APR* Improvements Extra Cash Apply online FAST at memberspluscu.org. Massachusetts economy in the long-term.” “At no time in our history has the Commonwealth had such excess revenue,” said Mike Festa, State Director, AARP Massachusetts. “Since Governor Baker fi led these proposed reforms on January 27, 2022, we have seen very signifi cant revenue surpluses. AARP strongly urges action now. Measures such as tax credits and other fi nancial assistance, or both, to Massachusetts’ 844,000 family caregivers; doubling the maximum Senior Circuit Breaker Credit; and increasing the rental deduction cap help lower and middle-income residents and their famSUPPORT | SEE PAGE 9 PUBLIC AUCTION FRIDAY, JULY 15TH AT 1:00 PM MORTGAGEE’S SALE OF REAL ESTATE • MALDEN • 15 ROOM / 6 BEDROOM TWO FAMILY DUPLEX STYLE HOME “LOCATED AT BUS STOP TO MALDEN T-STATION” 220 Lebanon Street Malden, MA To Be Sold On The Premises FEATURES: • Two Family Duplex Style Home • • Total of (15) Rooms w/ (6) Bedrooms & (2) Bathrooms • • ±4,317 S/F of Area • Gas FWA Heat • Basement • • Clapboard Siding • Hardwood Floors • Public Water & Sewer • • Zoned: Residential A • Assessor’s Parcel ID: M:137, B:799, L:909 • Sale Per Order Of Mortgagee Attorney Keith K. Fuller 5300 Bigelow Commons, Enfield, CT Attorney For Mortgagee TERMS OF SALE: $10,000.00 Deposit Cash Or Certified Funds 5% Buyers Premium Applies Other Terms To Be Announced At Time Of Sale Aaron Posnik AUCTIONEERS • APPRAISERS West Springfield, MA • Philadelphia, PA 413-733-5238 • 610-853-6655 TOLL FREE 1-877-POSNIK1 • (767-6451) MA Auc Lic #161 • PA Auc Lic #AY000241L Web: www.posnik.com • Email: info@posnik.com YOUR SUMMER FUN... FOR LESS! *APR = Annual Percentage Rate. Payments for 5.19% APR for 12-months are approximately $85.70 per month per $1,000 borrowed. Payment does not reflect disability and/or credit life insurance and may differ slightly due to rounding. Terms up to 12 months. Minimum loan amount $500 and maximum loan amount $5,000. APR is based upon member’s credit score. Rates listed above reflect excellent credit scores. Rates effective June 1, 2022 thru September 5, 2022 and subject to change without notice. Membership requires a $5 deposit in a share/savings account.
8 Publizr Home