Income Tax Change Appears Headed Toward 2022 Ballot in Mass. Democrats are set to vote to place a constitutional amendment imposing a 4 percent surtax on household income above $1 million per year on the ballot for 2022 By Michael P. Norton •
Updated 6 hours ago
NBC10 Boston
Massachusetts lawmakers are poised Wednesday to advance one of the most significant changes in state tax policy in years.
Legislators will meet for a 1 p.m. Constitutional Convention, and Democrats who hold super-majorities in both chambers are set to vote to place on the 2022 ballot a constitutional amendment imposing a 4 percent surtax on household income above $1 million per year.
By State House News Service
Massachusetts lawmakers are poised Wednesday to advance one of the most significant changes in state tax policy in years.
Legislators will meet for a 1 p.m. Constitutional Convention, and Democrats who hold super-majorities in both chambers are set to vote to place on the 2022 ballot a constitutional amendment imposing a 4 percent surtax on household income above $1 million per year. If adopted by voters, the change would take effect in 2023 and mark an historic departure from the state s flat income tax rate structure.
Citizens for Limited Taxation on Tuesday called the proposal another attempt to crack the flat tax which will provide the first step toward creating a graduated income tax for all. The group pointed back to the Legislature s adoption and quick repeal of a tax on technology services in 2013, and warned that any effort to reverse an income surtax would take years.