How Much Does the Millionaire Tax Improve Tax Fairness? How Does Massachusetts Compare Now to Other States? - Mass. Budget and Policy Center
https://massbudget.org/2024/01/09/fsa-tax-fairness-other-states/
> Together, the millionaire surtax and the progressive elements of the 2023 tax package help make Massachusetts one of the least regressive states, tax-wise, in the US. Low- and middle-income households typically pay a smaller share of income toward taxes in Massachusetts than in most other states.
#massachusetts #taxFairness
https://massbudget.org/2024/01/09/fsa-tax-fairness-other-states/
> Together, the millionaire surtax and the progressive elements of the 2023 tax package help make Massachusetts one of the least regressive states, tax-wise, in the US. Low- and middle-income households typically pay a smaller share of income toward taxes in Massachusetts than in most other states.
#massachusetts #taxFairness
How Much Does the Millionaire Tax Improve Tax Fairness? How Does Massachusetts Compare Now to Other States? - Mass. Budget and Policy Center
A new 50-state analysis from the Institute on Taxation and Economic Policy (ITEP) finds that Massachusetts’ recently adopted millionaire tax makes Massachusetts’ state and local tax system much more equitable.Phineas Baxandall (Mass. Budget and Policy Center)
