The video breaks down Boston Mayor Michelle Wu’s proposal to raise property taxes in Massachusetts, initially targeting both residential and commercial properties to compensate for declining commercial real estate values and fund city expenses. Although the plan was scaled back after pushback, homeowners may still see increases of $491 on average, and commercial properties could face higher rates—though some relief is being offered to small businesses through incentives and exemptions. The creator questions whether this is just a short-term fix to a larger budget problem and calls for smarter fiscal planning instead of relying on higher taxes.
Let me know in the comments—are you seeing higher taxes? What do you think about this proposal?