Boston Increases Taxes On Expensive Homes

Boston is shifting its tax burden to the increasing number of wealthy homeowners.

1 minute read

April 8, 2002, 12:00 PM PDT

"As urban living has regained its cachet, affluent empty-nesters and others have snapped up homes in Boston's most exclusive neighborhoods... The city is shifting more of the tax burden to Boston's gilded residences by raising the residential tax rate while at the same time increasing an exemption designed to help homeowners of more modest means."

Thanks to Laura Kranz

FULL STORY: Tax burden shifts to city's wealthiest residents

Sunday, April 7, 2002 in The Boston Globe

Housing Massachusetts

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