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politics @lemmy.worldEnglish · 1 year ago

Here's everything that Massachusetts' 4% tax on millionaires will pay for, from free student lunches to college financial aid

www.businessinsider.com

cross-posted to:
brainworms@lemm.ee

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Here's everything that Massachusetts' 4% tax on millionaires will pay for, from free student lunches to college financial aid

www.businessinsider.com

YoBuckStopsHere@lemmy.world to

politics @lemmy.worldEnglish · 1 year ago

cross-posted to:
brainworms@lemm.ee

Thanks to the state's voter-passed amendment that put a 4% surtax on people's annual incomes above $1 million, $1 billion in revenue has been created.

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1 year ago
I know a couple dozen millionaires in Massachusetts and none of them will be leaving the state.

4% is nothing to them. Their kids have excellent schools. They enjoy great public services. Boston.

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