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Jay Kaufman on Fiscal Responsibility


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Voted NO on Borrow $300 million to offset the budget deficit via bonds.
Platform indicates voting NO.

The state shall issue and sell bonds of the Commonwealth in an amount [up to] $300,000,000. All such bonds shall be payable not later than June 30, 2010. All interest and payments on account of principal on such obligation bonds issued pursuant to this section shall be special obligations of the Commonwealth. [Establishes a 7-year bond program to borrow money to pay off the budget deficit]

Relevant platform section: PART V: FISCAL RESPONSIBILITY, TAX EQUITY, & PUBLIC STEWARDSHIP: Tax Fairness and Responsible Budgeting: "Budgets should be fiscally responsible and balanced without gimmicks."

Bill Amendment to MGL 29 ; vote number MA03-H062 on Apr 30, 2003

Voted YES on Raising the income tax to 5.95% to offset the budget deficit.
Platform indicates voting YES.

Taxable income shall be taxed at the rate of 5.95 per cent for tax years beginning in 2003, for Part B income. [Increase in the tax rate].

Relevant platform section: PART V: FISCAL RESPONSIBILITY, TAX EQUITY, & PUBLIC STEWARDSHIP: Tax Fairness and Responsible Budgeting: "We believe that taxes should be fair and based on ability to pay, and that budgets should be fiscally responsible and balanced without gimmicks."

Bill Section 470 ; vote number MA03-H064 on Apr 30, 2003