Submitted by plawwell t3_ygrir1 in massachusetts
BigToeJob t1_iuapq35 wrote
Reply to comment by NoMoLerking in Mass. Tax Refunds Will Start To Flow On Tuesday by plawwell
Much of the surplus is due to federal relief……it’s not going to happen every year
NoMoLerking t1_iub0t4d wrote
Doesn’t work that way. There’s a limit on the amount of tax revenue collected, not federal aid received.
BigToeJob t1_iubfen2 wrote
Federal aid is revenue to the state
NoMoLerking t1_iubj16v wrote
It’s not tax revenue
BigToeJob t1_iubppkk wrote
It’s revenue
NoMoLerking t1_iucdnfe wrote
Nah
>”Excess State Tax Revenues” means the amount by which net state tax revenues, as defined herein, for a fiscal year exceed the allowable state tax revenues, as defined herein, for said fiscal year.
https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIX/Chapter62F/Section2
BigToeJob t1_iuctega wrote
Then the money from the feds has been deemed tax revenue …. Which when get down to it, it is
RealRobc2582 t1_iucynlf wrote
If you bothered to read the link you sent it defines what tax revenue is. Since covid relief funds would not fall under a reimbursement and it's also not a proceed from a bond or investment it would be classified as a receipt of revenue received and recognized as a tax for the purpose of this discussion. Covid money was aimed at giving additional assistance to states so it's not a reimbursement of any kind. Hence the tax status.
''State Tax Revenues'' means the revenues of the Commonwealth from every tax, surtax, receipt, penalty and other monetary exaction, and interest in connection therewith, including but not limited to, taxes and surtaxes on personal income, excises and taxes on retail sales and use, meals, motor vehicle fuels, businesses and corporations, public utilities, alcoholic beverages, tobacco, inheritances, estates, deeds, room occupancy and pari-mutuel wagering; but excluding federal reimbursements, proceeds from bond issues, earnings on investments, tuitions, fees, service charges and other departmental revenues, and revenues directly attributable to the additional taxes levied pursuant to section eighty-eight of chapter six hundred and eighty-four of the Acts of nineteen hundred and seventy-five.
NoMoLerking t1_iud43pf wrote
Federal aid is not state tax revenue. If I’m wrong, by all means show me a link that says so. Nothing that you’ve said addresses federal aid.
RealRobc2582 t1_iug6945 wrote
Dude read the above statute. Any money the state takes in that isn't defined under the guidelines laid within means it's a receipt of revenue and would count under the guidelines of revenue received triggering the tax rebate. It's not just about taxes that's what you don't understand
NoMoLerking t1_iug6gxb wrote
It literally says state tax revenue and then lists a dozen state taxes and fees. The only thing I’m seeing that says “federal aid too” is you (except the part that says excluding federal reimbursement).
RealRobc2582 t1_iug8dfe wrote
Right it says excluding federal reimbursement and several other federal payouts so the covid money falls under a part that means the state got more money than it should and thus had to give it back to the citizens it's not complicated.
RealRobc2582 t1_iug8lsd wrote
You want to act like you're smarter than all the lawyer's and legislators but you're not. Lol
NoMoLerking t1_iug9kb4 wrote
You don’t know what you’re talking about. The state collected more state tax revenue than allowed by the formula set in the law. That’s it.
RealRobc2582 t1_iuhbouj wrote
The only one that doesn't know what they're talking about is you hence why you've been down voted on every comment you've made. I'm done with you.
NoMoLerking t1_iuhcyfz wrote
LOL. Internet points? Really? Just point me to something that says federal aid is the reason for the tax refund and that’s the end of it. If that’s the reason, it should be easy to find.
RealRobc2582 t1_iuhd0zy wrote
I already did your just to stupid and ignorant to understand how the law works and I'm tired of explaining it to you.
NoMoLerking t1_iuhd4w8 wrote
>I ready did your just to stupid and ignorant to understand how the law works and I'm tired of explaining it to you.
It literally, specifically, excludes federal money.
RealRobc2582 t1_iuhdmpn wrote
No it excludes federal aid specifically. Federal aid is defined as money the state already receives on an annual basis. Read the fucking law! Any money the state already regularly receives on an annual basis is considered tax revenue for the purpose of the definition. Covid money doesn't meet that standard or definition that's why it's counted different it's not money the state gets every year.
RealRobc2582 t1_iuhdoi8 wrote
Federal aid would be money for schools and police vehicles and roads and bridges not covid money.
NoMoLerking t1_iuhedum wrote
Then it should be really easy to find a link that says “this refund is because of federal Covid money.”
RealRobc2582 t1_iuhshe6 wrote
It's not the only reason for the refund just part of it, god are you this insufferable to your family???
NoMoLerking t1_iuhsjia wrote
Still waiting for that link.
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