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| Filename | TaxonSmallBusinesses-WP.pdf |
| Filesize | 311 KB |
| Version | 1 |
| Date added | April 20, 2021 |
| Downloaded | 7375 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.