Diehl, Decoste target Baker-backed climate program patriotledger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from patriotledger.com Daily Mail and Mail on Sunday newspapers.
Opponents are challenging the assertions by Democratic leaders that it could raise $2 billion for education and transportation with new research suggesting the tax would cost jobs and produce significantly less new revenue.
Select Page On Eve of Tax Vote, Study Predicts Job Losses By State House News Service | Jun 9, 2021 | Reprints | Print
A day before lawmakers plan to vote on whether to put a constitutional amendment on the 2022 ballot to raise taxes on the wealthy, opponents are challenging the assertions by Democratic leaders that it could raise $2 billion for education and transportation with new research suggesting the tax would cost jobs and produce significantly less new revenue.
A study done by the Beacon Hill Institute for Public Policy Research estimates that if wealthy earners in Massachusetts were forced to pay a 4 percent surtax on all income over $1 million it would generate $1.23 billion in new taxes in 2023.
The BAKER-MASSGOP schism — MILLIONAIRES TAX up for VOTE — Boston School Committee chair RESIGNS over TEXTS politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.
Mass. businesses weigh in on reopening, use of fed funds
The Massachusetts state flag AP FILE PHOTO/STEVEN SENNE
Published: 6/3/2021 2:21:30 PM
Business owners overwhelmingly supported Gov. Charlie Baker’s decision to push up the economy’s full reopening timetable to Memorial Day weekend and would like to see the governor and Legislature use federal relief funds for tax relief, or “bonuses” to encourage people to go back to work, according to a new survey.
The Massachusetts Fiscal Alliance Foundation sponsored a poll released Thursday of statewide business owners who are also registered to vote, and the survey found that 79% of business owners backed Baker’s decision to lift all remaining COVID-19 restrictions on businesses last Saturday instead of on Aug. 1, which was the governor’s original plan.