The recent news from Massachusetts revenue officials that they collected about $1.8 billion this year from the so-called "millionaires tax" sparked chatter: Is the windfall great financial news — or a precursor to an exodus of wealthy residents?
States considering wealth tax proposals, like Pennsylvania and Vermont, are taking note of Massachusetts' revenue gains. But at home, the question of whether the voter-approved Fair Share Amendment is...
Stop believing these parasites when they threaten to take their ball and go home. It's always bluster.
Massachusetts taxed wealthy people and the sky didn’t fall in. But what if it had fallen in?
Massachusetts gets $1.8 billion of its purloined money returned to the people, plus the parasites decamp for someplace else? Let me rewrite that for you: "The windfall is great financial news—AND a precursor to an exodus of wealthy residents."
Easy solution to the millionaires moving... everywhere else should see the success and implement the same.
What if the good thing that is happening as a direct result of a policy change is ACTUALLY going to lead to some nebulous, scary-sounding BAD thing that isn't happening and in fact has never happened? What then?!?!?
great financial news hope this helps
The statement that Pagliuca changed his residency to Florida but still spends much of his time in Massachusetts begs the question: does he qualify for part-time residency, and is part-time residency subject to the millionaires tax?
itd be great if rich people left but if not the tax revenue is nice
It's acceptable to lose the millionaires. They drive up the cost of living for everyone. That's the whole reason inequality is bad