• Contact Us
  • Events calendar
Entering Swellesley
Pinnacle, Douglas Elliman, Wellesley

The Swellesley Report

More than you really want to know about Wellesley, Mass.

  • Advertise
  • Contribute
  • Subscribe
  • Eat
  • Wellesley Square
  • School news
  • Private schools, sponsored by Riverbend
  • Public Schools, sponsored by Sexton
  • Camp
  • Kid stuff
  • Top 10 things to do
  • Business news
  • Embracing diversity
  • Letters to the editor
  • Guidelines for letters to the editor
  • Fire & police scanner
  • Worship
  • Live gov’t meetings
  • Events
  • About us
  • Wellesley snow plowing services
 
Needham Bank, Wellesley
Write Ahead, Wellesley

Letter to the editor: Question 1 and home sales

October 7, 2022 by admin

To the Editor:

As a homeowner and longtime Massachusetts resident, I’ve chosen to make this state my home. I’ve planned my life, finances, and retirement around my home as a key asset. If passed, Question 1 would severely affect the prospects of homeowners like me. I am urging my neighbors to research the facts and vote NO on Question 1 this fall.

People like myself and my friends and family who may want to sell their homes—especially those who may have bought their property many years ago and seen them appreciate significantly in value—will see their nest eggs severely affected by this tax hike. These one-time sales will be treated as if the individuals selling their homes are long-term millionaires, when in actuality, it would be the largest financial decision they will make in their lives. This tax will affect so much more than just our state’s highest earners. This amendment would threaten the financial future of many Massachusetts residents who have looked forward to retiring and continuing their life in the state.

Massachusetts is the only state in the country pursuing a tax increase this year, while politicians enjoy a current $10 billion+ budget surplus. I am sure the passage of Question 1 will detrimentally impact thousands of longtime residents and small-business owners in Massachusetts for years to come, given the permanent nature of a constitutional amendment which would require another ballot initiative to overturn.

Question 1 is about changing from a “flat tax” to graduated income tax brackets just like our federal taxes. If passed the Massachusetts House and Senate by simple majority vote can change the tax brackets without voter approval. This is not about taxing people who make $1 million annually, it’s really about a massive structural change to our income tax rate. That is why it took two Constitutional Conventions to get this question on the ballot.

Homeowners and Massachusetts residents around the state should educate themselves on the facts of this issue—I hope you’ll join me in voting No on Question 1.

Dennis Di Schino
Wellesley resident


The Swellesley Report accepts letters to the editor. Letters must be of general local community interest and must be signed. Community shout-outs are also accepted (example: a non-profit may thank an organization for a donation received).

See guidelines for letters to the editor here.

Send letters to the editor to theswellesleyreport@gmail.com

image_print

Filed Under: Letters to the Editor

Advertisements:

Linden Square, Wellesley
Details, Wellesley
YMCA Needham

Tip us off…

Please send tips, photos, ideas to theswellesleyreport@gmail.com

Advertisements

Wellesley Merchants
Wellesley, Jesamondo
Fay School, Southborough
Sexton test prep, Wellesley
Feldman Law
Wellesley Theatre Project
Volvo
Prepped and Polished Boston Tutoring and Test Prep
Papa Wheelies, Wellesley
Cheesy Street Grill
Admit Fit, Wellesley
charles river chamber
  • Facebook
  • Instagram
  • Twitter

Subscribe to our email newsletter

Fill out simple subscription form.

Our newsletter is free, though we appreciate any financial support for our independent journalism venture.

Follow Swellesley on Google News Showcase

The Swellesley Report has been selected to be highlighted on Google News Showcase. Please follow us there.

Most Read Posts

  • Wellesley Public Schools share enrollment update: Some ups, lots of downs
  • Get your Wellesley Thanksgiving dinner delivered by Feast & Fettle
  • Wellesley Police mourn passing of Officer Lamars Hughes
  • Wellesley business buzz: Hedi's Furniture heads out of town; Unique salon opens; Lax store plots move
  • Wellesley Veterans Day ceremony honors those who've served

Click on Entering Natick sign to read our Natick Report

Entering Natick road sign

Upcoming Events

Nov 17
10:00 am - 11:30 am

Select Board office hours

Nov 18
9:00 am - 1:00 pm

Jewelry, Tools, and Toys Sale at UU Wellesley

Nov 18
9:00 am - 4:00 pm

Wellesley Marketplace annual shopping event

Nov 18
7:30 pm - 8:30 pm

Brandeis-Wellesley Orchestra 20th Anniversary Concert

Nov 19
1:00 pm - 3:00 pm

Babson College, film screening of “The Greatest Showman”

View Calendar

Recent Comments

  • Je'Lesia M. Jones on Wellesley Police mourn passing of Officer Lamars Hughes
  • John Harkavy on Wellesley Police mourn passing of Officer Lamars Hughes
  • Lesli on Wellesley Police mourn passing of Officer Lamars Hughes
  • Pete Leone on Wellesley Police mourn passing of Officer Lamars Hughes
  • Rose on 200 Pond Road senior living proposal on Wellesley/Natick line coming to Planning Board

Links we like

  • Danny's Place
  • Great Runs
  • Jack Sanford: Wellesley's Major League Baseball Star
  • Tech-Tamer
  • The Wellesley Wine Press
  • Universal Hub
  • Wellesley Sports Discussion Facebook Group

© 2023 The Swellesley Report
Site by Tech-Tamer · Login