MTF Blasts Proposed 'Millionaire's Tax'

Jun 13 2017

By Paul Tuthill, WAMC

The foundation’s report delivered to legislators two days before the scheduled vote said that if just one-third of the 900 state taxpayers who make more than $10 million a year were to leave the state, projected revenue would drop by $750 million. McAnneny argues that even if the proponents’ revenue projections from the millionaire’s tax come true it would not solve the problems with the state budget that have plagued Beacon Hill for years.
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