millionaires tax

This is no time to threaten Massachusetts’ prospects for an immediate economic recovery and the long-term competitiveness of the Commonwealth’s businesses. As Massachusetts lawmakers prepare to vote on whether to send a proposed constitutional amendment that would impose a 4 percent surtax on residents who earn $1 million or more in a year to the statewide ballot in 2022, Pioneer Institute urges them to recognize that tax policy sizably impacts business and job location decisions and that jobs are more mobile than ever.

Op-ed in The Boston Globe: A case New Hampshire filed with the US Supreme Court last October against the Commonwealth of Massachusetts could have a huge impact on state finances nationwide. It also raises the stakes as the Massachusetts Legislature considers amending the state constitution to eliminate the state’s prohibition against a graduated income tax and to hike taxes on high earners.

Would take particular toll on those relying on home value appreciation to fund retirement BOSTON – The tax hike on those with annual taxable incomes of $1 million or more that would result from a proposed amendment to the state constitution scheduled...

Passage of November 2018 ballot measure will make Massachusetts far less competitive BOSTON – Passage of Proposition 80, the tax hike proposal scheduled to appear on the November 2018 Massachusetts ballot, will fail to generate the level of revenue growth projected by...

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...

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...

This op-ed appeared in The Boston Business Journal on February 7, 2018 It all sounds so simple. Just slap a four-percentage-point surcharge on all annual income over $1 million and use the supposed $1.9 billion windfall to fund education and transportation. It sounds...

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...