Graduated Income Tax

March 2, 2018

Proposition 80 Will Increase Out-Migration of High Earners and Businesses

Passage of November 2018 ballot measure would jeopardize Massachusetts’ long-term economic health BOSTON – Passage of Proposition 80, the tax hike proposal scheduled to appear on the November 2018 Massachusetts ballot, would accelerate migration out of Massachusetts, especially to Florida and New...
February 13, 2018

Study: New Federal Tax Law Would Exacerbate Economic Damage of Prop 80

This report earned media coverage on WGBH radio, WBZ radio, and Fox 25 TV, Bloomberg radio; The Boston Globe, the Associated Press, MassLive/The Springfield Republican, Newburyport News, Gloucester Times, Salem News, Lawrence Eagle-Tribune, Greenfield Recorder, CommonWealth magazine, and The Lowell Sun. Cap on state...
January 25, 2018

New Study Looks to Connecticut as Cautionary Tale for Impact of Proposed Ballot Initiative Hiking Taxes

Hear Greg Sullivan discuss this report on Bloomberg Radio. Raising taxes on companies and high earners has resulted in less revenue, exodus of large employers and wealthy individuals BOSTON – Proponents of a 2018 statewide ballot initiative that would add a surcharge...
October 17, 2017

Study: Proposition 80 Would Give MA 2nd Highest Combined State & Federal Capital Gains Tax Rate in U.S.

Read coverage of this report in the Boston Herald: “Study: ‘Millionaire’s tax’ would hurt state” and the Boston Business Journal: “‘Millionaires’ tax’ would make Mass. an outlier in capital gains tax, says group” Unlike federal government, gains could move taxpayers into higher...