News@lemmy.world · 11 months ago

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

www.wbur.org

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

www.wbur.org

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News@lemmy.world · 11 months ago

121

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

www.wbur.org

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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11 months ago
It is almost as if the rich were the real burden on the state…

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