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[email protected] • 1 year ago

$1.5 billion in estimated revenue: A look at the Massachusetts 'millionaire's tax' first year taxing the rich

cross-posted to:
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$1.5 billion in estimated revenue: A look at the Massachusetts 'millionaire's tax' first year taxing the rich

@[email protected] to

[email protected] • 1 year ago

cross-posted to:
[email protected]

$1.5 billion in estimated revenue: A look at the Mass. 'millionaire's tax' first year

Advocates promised the new tax would bring in over $1 billion a year in new revenue. And they quickly saw their predictions surpassed: the state Department of Revenue estimates it will generate over $1.5 billion this fiscal year.

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Progressive states could! Fed states, on the other hand, are still grappling with whether or not women are considered people.
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