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Taxpayers on the Hook for $500 million in New Property Taxes-

BOSTON — Republican gubernatorial candidate Charlie Baker released the following statement on Beacon Hill’s plan to raise property taxes by $500 million during the worst economic environment since Governor Dukakis:

“Four years after Governor Patrick vowed to cut property taxes, this proposal by House leadership to raise property taxes shows exactly what happens under one party rule on Beacon Hill,” said Baker.

“As foreclosures skyrocket and Massachusetts struggles under a fiscal crisis, this tax increase would make homeowners pay $500 million more in property taxes while failing to enact much needed government reforms on pensions, local aid funding and healthcare costs.”

“In a Baker Administration, this legislation would be dead on arrival.”