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Values and Taxation
Proposition 2 1/2
Proposition 2 1/2 is the title given to an initiative petition adopted by the voters of the Commonwealth of Massachusetts in 1980.
Its primary features relate to the total amount of property taxes a city or town can raise each year. Other parts of the initiative:
Allowed renters a deduction on their state income tax
Limit state agency assessments on cities and towns
Prohibit unfunded state mandates
Reduced the motor vehicle excise tax rate
Repealed binding arbitration for certain public employees
How does Proposition 2 1/2 limit property tax?
How does Proposition 2 1/2 affect my individual bill?
What is classification? How does it work with Proposition 2 1/2?
Does Proposition 2 1/2 allow increases in the tax levy?
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