Editorial: Sticking businesses with higher tax bills won’t help Boston

Boston Herald

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Editorial: Sticking businesses with higher tax bills won’t help Boston

When you’re in a hole, it’s best to stop digging. But as Boston’s swath of unoccupied commercial buildings pose an ominous tax revenue shortfall of $1 billion, Mayor Michelle Wu is grabbing a shovel. As the Herald reported, Wu rolled out an “emergency law” to allow Boston to begin increasing property taxes on businesses beyond the state limit next year. The mayor’s home rule petition, if approved by the City Council and state lawmakers, would pr…