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Mass. taxpayers to gain bit of relief starting Jan. 1

By Noah Bierman

 |  Globe Staff  

  December 16, 2011

The income tax reduction, from 5.3 percent to 5.25 percent, is the first in 10 years. It comes more than a decade after voters, in 2000, approved a measure that was supposed to take the income tax down to 5 percent by 2003. But lawmakers stalled the savings because of a rough economy. Yesterday’s announcement, which was triggered by a set of economic indicators, is a sign that the state is recovering, albeit slowly.

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