BOSTON — A vote on a surtax aimed at people who earn $1 million or more won't occur until May 18 at the earliest, after Beacon Hill lawmakers recessed a Constitutional Convention without taking up the measure Wednesday.
The tax increase, in the form of a ballot proposal to amend the state constitution (H 3933), would add a 4 percent surtax on incomes over $1 million. The state revenue department has estimated the tax could add almost $2 billion to the government's coffers, a figure disputed by
BOSTON — A vote on a surtax aimed at people who earn $1 million or more won't occur until May 18 at the earliest, after Beacon Hill lawmakers recessed a Constitutional Convention without taking up the measure Wednesday.
The tax increase, in the form of a ballot proposal to amend the state constitution (H 3933), would add a 4 percent surtax on incomes over $1 million. The state revenue department has estimated the tax could add almost $2 billion to the government's coffers, a figure disputed by…
