Millionaire’s tax

Sales tax boon – or not?

Sales tax boon – or not?

New tax decision said to be about creating equity

It’s going to cost some people a little more to make online purchases after the Supreme Court ruled in a case involving Massachusetts-based Wayfair that states can collect sales tax on purchases by residents no matter where the seller is located. For many states, that not only clears up confusion stemming from a 25-year-old decision that said(...)

Read More »

Sales tax boon – or not?

It’s going to cost some people a little more to make online purchases after the Supreme Court ruled in a case involving Massachusetts-based Wayfair that states can collect sales tax on purchases by residents no matter where the seller is located. For many states, that not only clears up confusion stemming from a 25-year-old decision that said(...)

Read More »

Grand bargain talks can now begin in earnest

Grand bargain talks can now begin in earnest

Deal remains possible with millionaire tax dead, but it likely will be costly

Now that the millionaire tax is dead, state leaders can finally get down to work. The millionaire tax was a great excuse for doing nothing. As long as the question was on the ballot and its poll numbers remained high, the millionaire tax’s $2 billion-a-year haul was the answer to just about everything. Fix the(...)

Read More »

Grand bargain talks can now begin in earnest

Now that the millionaire tax is dead, state leaders can finally get down to work. The millionaire tax was a great excuse for doing nothing. As long as the question was on the ballot and its poll numbers remained high, the millionaire tax’s $2 billion-a-year haul was the answer to just about everything. Fix the(...)

Read More »

SJC knocks millionaires tax off November ballot

SJC knocks millionaires tax off November ballot

Court rules provisions of question not sufficiently related

THE SUPREME JUDICIAL ruled that a proposal to raise taxes on high earners in Massachusetts cannot appear on the November ballot because it violates a constitutional provision requiring that all the elements of such a question be “related” or “mutually dependent.” The eagerly-awaiting ruling is a huge blow to public sector unions and other liberal(...)

Read More »

Our wheezing democracy

Our wheezing democracy

Conflicting ballot questions underscore inaction on Beacon Hill

WHO ARE YOU going to turn to make important decisions affecting the state? The sluggish Legislature or schizophrenic, knee-jerk electorate? Those seem to be the less-than-compelling options at this point in dealing with a set of questions that will have enormous implications for the state’s budget and initiatives we look for it to fund. Lawmakers(...)

Read More »

Our wheezing democracy

Who are you going to turn to make important decisions affecting the state? The sluggish Legislature or schizophrenic, knee-jerk electorate? Those seem to be the less-than-compelling options at this point in dealing with a set of questions that will have enormous implications for the state’s budget and initiatives we look for it to fund. Lawmakers(...)

Read More »

Taxes don’t make millionaires move

Taxes don’t make millionaires move

National study shows very little migration driven by levy hikes

MASSACHUSETTS LEGISLATORS APPROVED the so-called Fair Share Amendment last week, setting the stage for it to appear on the 2018 statewide ballot, where voters will decide whether to impose a “millionaire’s tax” on top income-earners to fund transportation and education. Critics will undoubtedly raise one important question: If the state passes this tax, will large(...)

Read More »

The politics of the millionaire’s tax

General Electric’s Jeffrey Immelt, trying very hard to fit in as the new neighbor, said on Monday that he wouldn’t mind if Massachusetts voters approved a constitutional amendment implementing a millionaire’s tax. “I think whatever happens happens, and will impact us just like it impacts everybody else,” said GE’s CEO. “Really, I think, believe it(...)

Read More »