This election season Massachusetts voters will decide if they want the state's top income earners to pay more in taxes. Here's what to know about Question 1:
would amend the state Constitution to impose an additional 4% tax on that portion of incomes over one million dollars to be used, subject to appropriation by the state Legislature, on education and transportation.""The Massachusetts economy is working great for the super rich, but that prosperity isn't reaching all of us as we come out of the pandemic," said Shanique Spalding, one of the coalition's community directors.
Top donors for the group's TV ads include the largest state and national teacher's unions; the union umbrella organization, AFL-CIO, as well as Sixteen Thirty Fund, a nonprofit and contributor to several progressive and Democratic causes.to argue that a permanent revenue stream to support public transportation would be good for her business. Most of her colleagues use the MBTA to get to work.
Eileen McAnneny, a group member and president of the nonprofit Massachusetts Taxpayers Foundation, said she believes a new tax will push high earners out of Massachusetts. She adds that remote work has never been easier than it is now. "It's going to affect us in jobs," Cakounes said."It’s also going to affect small companies, like myself, to be able to compete and sell our products with a larger firm."