Ed secretary: Tax-raising amendment could damage economy, schools

Ed secretary: Tax-raising amendment could damage economy, schools

BOSTON — A constitutional amendment raising taxes on millionaires to generate $1.9 billion for education and transportation would hurt the economy and damage the state's ability to support school services, Education Secretary James Peyser said Thursday.

"Definitely not," Peyser told the News Service following an event at the Omni-Parker House Hotel, which featured state education officials and educators. "I think it will weaken our economy and that will damage our ability as a Commonwealth to support the schools and the other services that we desperately need."

The ‘millionaire tax’: California here we come
Massachusetts

The ‘millionaire tax’: California here we come

David Tuerck

Massachusetts progressives are making another try at amending the state constitution to permit a graduated income tax. This is after unsuccessful efforts to do the same thing in 1962, 1968, 1972, 1976 and 1994.

But this time is different. In 1994, proponents were upfront about what they had in mind. They put two measures on the ballot – one to amend the constitution and a second to put a specific graduated rate structure before the voters for their approval. Now the plan is to let voters find out after they have approved the amendment exactly what they will be getting in the form of a graduated rate structure.

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