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DrunicusrexXIII t1_iuhpk1w wrote

The article in the OP explains, & has links to mass dot gov. Because MA received huge tax payments - overpayments, legally - a law from decades ago was triggered that returns money to MA taxpayers.

Most of us pay i think a flat 5%. So if you paid 5k on an income of 100k (which is really a working middle class income in this area) you'd get about 14% of that $5k you paid back, or around $700. There's a calculator at the mass dot gov site.

It will either come as a check in the mail or as direct deposit, starting in a few days.

The economist in me thinks this will be mildly inflationary, but the working parent in me is breathing a sigh of relief, albeit temporarily. Most of my expenses, primarily food and fuel, went way up by at least 20%, and it's getting harder and harder to cover all our bills.

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