One of several potential questions that may qualify for the 2026 Massachusetts statewide ballot would allow voters to decide whether to reduce the personal income tax rate from five percent to four percent. Imagine voting to give yourself a tax cut!

The initiative petition was submitted for consideration by the recent deadline, and supporters must now collect tens of thousands of certifiable signatures by November’s deadline if the question is to appear on the 2026 statewide ballot.

The Massachusetts Opportunity Alliance said this and another potential ballot initiative were “inspired and informed by MOA’s original research and analysis.”

How Much Could Massachusetts Taxpayers Save?

MOA said its analysis “found that lowering the income tax rate from five percent to four percent would save the average Massachusetts taxpayer roughly $1,300 annually compared to the status quo.”

“Additionally, the tax cut would increase the Bay State’s gross domestic product (GDP) by as much as $17.5 billion within three years of the full tax cut,” according to the group.

The Massachusetts Fiscal Alliance said the tax rollback would help “restore fiscal sanity” to Massachusetts.

In a statement on the Alliance’s website, Executive Director Paul Craney said, “Rolling back the income tax to 4% would mean everyone gets a pay raise. It’s really that simple.”

“If you are earning $50,000 a year, you just got a $500 raise,” Craney said. “This question delivers broad-based tax relief and sends a clear message that voters are ready to rein in the Beacon Hill spending machine.”

How Would the Tax Cut Be Phased In?

The proposal to reduce the personal income tax from five percent to four percent would be phased in over three years.

What the Ballot Process Requires Next

If approved for the ballot, Massachusetts voters could vote to reduce the personal income tax on November 3, 2026.