Report says millions from new tax on high earners could be lost to loophole
Couples could avoid 'millionaires tax' by filing separate returns
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STATE BUDGET-WRITERS have begun planning to spend $1 billion in new revenue to fund education and transportation needs thanks to the so-called “millionaires tax” approved last year by voters. But a new report says Massachusetts could lose out on anywhere from $200 million to $600 million from the new tax on high earners unless legislators(...)