$1.5 billion in estimated revenue: A look at the Massachusetts 'millionaire's tax' first year taxing the rich - eviltoast
$1.5 billion in estimated revenue: A look at the Mass. 'millionaire's tax' first year
www.wbur.org
Advocates promised the new tax would bring in over $1 billion a year in new revenue. And they quickly saw their predictions surpassed: the state Department of Revenue estimates it will generate over $1.5 billion this fiscal year.
  • Illuminostro@lemmy.world
    7·
    11 months ago

    Raise it to 10%. And tax any idle stock over 1 million shares, 1% per share, per curent price, per quarter.