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You Never Give Me Your Money: Voters Approve Tax Hikes in Massachusetts and Colorado on Election Day | ArentFox Schiff

On November 8, 2022, voters in several states considered whether to approve state income tax changes. Specifically, voters in Massachusetts voted to impose a 4 percent personal income.

Massachusetts and Colorado Voters Approve Tax Increases

On November 8, voters in Massachusetts voted to impose a 4 percent personal income surtax on income above $1 million; voters in Colorado voted to further limit federal itemized deduction amounts that could be used to reduce taxable income for those making above $300,000

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