Editorial Staff

Unintended Tax Consequences: Modeling the Effects of the Millionaire’s Tax on Massachusetts’ Economic Future

/0 Comments/in , , /by Editorial Staff
Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Hubwonk host Joe Selvaggi talks with Beacon Hill Institute President Dr. David Tuerck about his recent analysis of the proposed 4% surtax on incomes over $1 million in Massachusetts, and his estimate of the number of individuals who will leave the state as a result. Tuerck, an economist, used STAMP modeling tools comparing the static projections offered by proponents of the so-called “Fair Share Amendment” with a model simulation that accounts for the unintended effects of the tax.

Read about the Beacon Hill Institute study. Read related research from Pioneer Institute.

Guest:

David G. Tuerck serves as president of the Beacon Hill Institute.  From 1982 to his retirement in 2020, he served on the economics faculty at Suffolk University. In 2021, he was awarded the status of Professor Emeritus by the Suffolk University Board of Trustees. Prior to joining Suffolk University in 1982, he was a director in the Economic Analysis Group at Coopers & Lybrand, Washington, DC. Prior to that, he served as director of the Center for Research and Advertising at the American Enterprise Institute. Dr. Tuerck holds a doctorate in economics from the University of Virginia. His dissertation director was James M. Buchanan, 1986 Nobel Laureate in Economics.

Get new episodes of Hubwonk in your inbox!

Related Posts

Dodging Debt Default: Who Won Congressional Cage Match Compromise

Joe Selvaggi talks with CATO Institute budget expert Chris Edwards about the details of the newly passed Fiscal Responsibility Act, which avoids crossing the debt ceiling in exchange for slowing spending growth.

Erec Smith on the Rhetoric of Anti-racist Activism

Joe Selvaggi talks with York College of Pennsylvania Associate Professor Eric Smith about the disempowering effects of modern anti-racism movement and the challenges for thought leaders who espouse more constructive narratives.

Losing Talent and Treasure: Uncompetitive Tax Regime Drives Upper-Income Exodus

Joe Selvaggi talks with Pioneer Institute's Economic Research Associate Aidan Enright about his new paper "Debunking Migration Myths." With this research, Aidan examines the link between Massachusetts' tax regime and the outflow of high earners to states with more competitive rates.

Rationing Vital Therapies: Should Healthcare Experts Decide Who Lives?

Joe Selvaggi talks with senior health care fellow Dr. William Smith about his new book Rationing Medicine: Threats From European Cost Effectiveness Models to Seniors and Other Vulnerable Populations, and the book’s cautionary warning against embracing European standards for valuing life saving therapies.

Transparent Home Buying: Real Estate Auction Platform Informs and Empowers Everyone

Joe Selvaggi talks with Tim Quirk and Kevin Caulfield, cofounders of Boston based technology startup, Final Offer, about the way in which their recently launched platform disrupts the traditional home buying process by providing a real time transparent auction for each sale.

Inventing Racial Classifications: Legacy and Limits of Discriminatory Labels

Joe Selvaggi talks with George Mason Law Professor David E. Bernstein about his book Classified: The Untold Story of Racial Classification in America, discussing the ways in which racial definitions once used for past abuse and exclusion have evolved to become a central feature used to describe modern society.

Accessing Healthcare Anywhere: Lessons For Liberalizing Telehealth

Joe Selvaggi talks with Josh Archambault about the benefits of state policies to enable interstate telehealth that empowers patients to reach their healthcare professionals in other states, and for providers to offer service anywhere they are needed.

Silicon Valley Bust: Bank Failure’s Causes, Cures, and Culpability

Joe Selvaggi talks with financial market and monetary policy expert Dr. Norbert J. Michel about the causes for the failure of Silicon Valley Bank and the what its demise portends for depositors, the banking sector, and the regulatory regime that governs it.

Public Union Constitutionality: Returning Government Accountability to the People

0 Comments
/
Joe Selvaggi talks with Philip K. Howard about the legal theories in his newly released book, Not Accountable: Rethinking the Constitutionality of Public Employee Unions, which questions whether the structure of public employees unions frustrates the will of the people, and abrogates the responsibility of elected officials to an unelected and unaccountable privileged class.

Realizing Rent Control: Targeted Tenant Relief or Broad-Based Road to Ruin

0 Comments
/
Joe Selvaggi talks with Greater Boston Real Estate Board’s President and CEO Greg Vasil about the likely effect on all residents of Boston of Mayor Wu's rent control proposal now before the City Council.