In the midst of the Great Depression, the people of Springfield are facing another challenge: a potential tax hike. According to reports, the assessors for Longmeadow property are not optimistic about lowering the tax rate this year. Despite the appropriations committee’s suggestion of a possible tax rate of 25.31, the assessors are hesitant about meeting that figure. No one, including William S. Libbey, a key figure in the discussions, can estimate what the rate will be. The reduction in income tax and corporation tax received from the state may offset the reduction in salaries, but the consequences of Governor Ely’s proposal to incorporate the gasoline tax into the state budget are a different story. If accepted, this move would result in a $10,000 decrease in receipts for Longmeadow, forcing the town to raise that much more through taxation. The people of Springfield are left wondering: will they be able to afford the burden of increased taxes in these tumultuous times?
Related Federal Cases
- Tow Truck Operator and Dealer Hit for Car Theft Scam · Massachusetts
- Springfield Felon Sligar Sentenced to 10 Years for Gun & Drug Charges · Massachusetts
- Springfield Man Pleads Guilty to Narcotics Charges · Massachusetts
- Springfield Felon Gets 15-Year Sentence for Illegal Firearm · Massachusetts
- Springfield Felon Jamel Bolden Sentenced for Gun Threats · Massachusetts
Key Facts
- State: Massachusetts
- Category: Fraud & Financial Crimes
- Era: Historical
- Source: Library of Congress — Chronicling America ↗
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