Massachusetts Gov. Maura Healey signed a tax relief package Wednesday that is designed to deliver $561 million in reductions to taxpayers and companies during the current fiscal year through a slew of credits and other measures aimed at lowering tax burdens.
The package — which will top $1 billion in tax relief by the 2027 fiscal year when fully phased in — includes more than a dozen specific tax measures, including eliminating the tax for estates under $2 million.