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

Small Business Life Support: Policy Relief for Firms Sickened by COVID?

0 Comments
/
Host Joe Selvaggi talks with Pioneer Institute’s Andrew Mikula and Retailers Association of Massachusetts' Jon Hurst about the state of small business in Massachusetts six months into the pandemic.

Supreme Court Vacancy: The History, the Stakes & the Options for Replacing a Justice

0 Comments
/
Hubwonk Host Joe Selvaggi talks with Cato Institute's Ilya Shapiro about his new book, Supreme Disorder: Judicial Nominations and the Politics of America's Highest Court.  The episode equips listeners with historical context to better understand the makeup of the Court, the nomination process, and the impact of a new justice on the Court.

Ranked Choice: Ballot Question 2 Redefines What a Vote and Majority Mean

0 Comments
/
Join host Joe Selvaggi as he discusses Ranked Choice Voting with former Federal Election Commissioner Lee Goodman. As a recognized national expert in election administration, Commissioner Goodman offers a deep dive on the contours of ranked choice voting, including the benefits and challenges moving to the new system would offer Massachusetts voters.

Lockdowns – Lawless or Laudable? Grading Gov. Baker’s COVID-19 Emergency Orders 6 Months On

Join Joe Selvaggi and Pioneer Institute’s executive director Jim Stergios for a conversation with Boston Globe columnist Jeff Jacoby about the lawsuit against the Massachusetts Governor’s executive orders. They will explore what can be learned from the first six months of the COVID-19 pandemic, and what must be considered when devising a new way forward.

Drug Rebates: How Pharmacy Benefit Managers Manipulate Price & Limit Choice

0 Comments
/
Join host Joe Selvaggi and his guest Dr. Bill Smith as they discuss the complex incentive structure between drug manufacturers, health plans, and pharmacy benefit managers. In this episode, they focus on how drug rebates work and how a system intended to optimize value may actually deliver higher costs and fewer choices. Joe and Bill also use this framework to speculate on the price of a COVID-19 vaccine, and who will likely pay for it.

Confronting COVID Constraints: How Certificate of Need laws stifle innovation, increase costs, and reduce quality in healthcare

0 Comments
/
Join Joe Selvaggi and co-host Josh Archambault, Pioneer Institute's Senior Fellow in Healthcare, as they talk with Institute for Justice’s Jaimie Cavanaugh about the effects of Certificate of Need laws on the healthcare system.

The ABCs of the Newest Diagnostic Science for COVID-19 Testing

0 Comments
/
Join Hubwonk host Joe Selvaggi as he talks with Hannah Mamuszka, expert in diagnostic science, about the state of COVID-19 testing technology and its implications for a safer return to school and work in the fall.

Doctors Beyond Borders: Firefly Health Shines a Light on Virtual Primary Care

0 Comments
/
Join Hubwonk host Joe Selvaggi as he speaks with Firefly Health President Fay Rotenberg and Primary Care Doctor and Co-Founder Jeff Greenberg as they discuss the promise and potential of virtual primary care to deliver direct doctor access, price transparency, and more holistic healthcare that may revolutionize the healthcare system.

Non-Profits Facing COVID-19: Charles River’s Esplanade Association on Why It’s No Walk in the Park

0 Comments
/
Join host Joe Selvaggi as he talks with Esplanade Association’s executive director Michael Nichols about how he and other non-profits adapt to a surge in demand for services while coping with a collapse in fundraising opportunities.

Student Loan Collective Bargaining: Leveraging Loan Aggregation for Better Rates

0 Comments
/
Join Hubwonk host Joe Selvaggi as he talks with Chris Abkarians and Nikhil Argawal, co-founders of LeverEdge, about how their new student loan platform uses loan aggregation and competition to secure better rates for student loans.