Business-backed group says proposed tax would chase away top earners

Jun 12 2017

By Michael Levenson, The Boston Globe

But the foundation says the amendment would “tax talent – Massachusetts’ principal competitive advantage.” “The appeal is easy to understand — it is projected to raise almost $2 billion per year; does not require legislators to take a vote on a tax increase; and targets a small number of wealthy taxpayers,” the foundation says in its report. “But as the old adage suggests, if it sounds too good to be true, it probably is.”
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