A new “millionaire’s tax” in Massachusetts was expected to generate $1 billion in revenue last year to help pay for public education, infrastructure, and early childcare programs, but projections were a bit off, according to a fresh state analysis.
The state Department of Revenue estimated late last week that the Fair Share Amendment, which requires people with incomes over $1 million, to pay a 4% annual surtax, will add $1.5 billion to state coffers this fiscal year, which ends in June—surpassing expectations.
Universal free school meals, much-needed improvements to an aging public transportation system, and tuition-free education for community college students are just some of the programs Massachusetts’ wealthiest residents have helped pay for after voters approved the law in 2022 amid growing calls across the United States to tax the richest households and corporations.
It definitely isn’t theft. It’s the cost of living in the society that you want to live in. No one is forcing you to live in an area that has a tax price attached. You’re free to move to a place with no taxes, but you don’t want to live in those places. Being forced to pay with no other options is theft, choosing to live in an area with taxes providing services you want is not.
when was the last time you paid your taxes?.. or were they auto-deducted from your paycheck before you even had a chance to count it?
“you’re free to move to a place…” hahaha! haaahahaha! WHAT? you are not a serious person.
Have you not seen a paystub? It would not surprise me if you haven’t, but they clearly show what taxes are being deducted. We’re already in a corporat hell hole. You really want ticket master in charge of roadways? There goes your right to traveling freely.
Yeah taxes suck, but take off your rose tinted glasses and truly look at what that free market would become. Think about how selfish you’d want to be in making your money and multiply that by, well everyone in the US. Whole lot of middle men that need to make money. I’d rather keep the personal profit out of it.
Please name a modern nation that has operated effectively without taxation.
Or an ancient one, for that matter
For all I know, there was some fuckoff group of cities in some fuckoff part of the world that somehow figured out how to live tax-free in 5000 BC before their civilization collapsed suddenly, so I didn’t want to push my luck.
Or a medium aged one.
Last July. My property taxes are crazy high, because I live in an area with good schools and nice parks and amenities (eta such as a boat launch, public rock climbing along cliffs, a nice library, and near monthly open-air festivals in summer).
I no longer have a child in school and I haven’t used the parks in years, but guess what? I’m happy to contribute so other kids and my community can use those services because I’m not a narcissistic asshole.