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Filename TaxonSmallBusinesses-WP.pdf
Filesize 311 KB
Version 1
Date added April 20, 2021
Downloaded 293 times
Category COVID, Economic Opportunity, Massachusetts Economy, Policy Briefs
Date: April 20, 2021 Authors: Nina Weiss and Greg Sullivan This policy brief finds that the state constitutional amendment promoted by the Massachusetts Teachers Association and the Service Employees International Union to add a 4 percent surtax to all annual income above $1 million will adversely impact a significant number of pass-through businesses, ultimately slowing the Commonwealth’s economic recovery from COVID-19.