Millionaire’s tax

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(...)

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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(...)

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