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Most Bay Staters Support A Millionaire’s Tax

Most Bay Staters Support A Millionaire’s Tax

A majority of Massachusetts residents want to raise taxes on the state's wealthiest residents, according to a new poll. Fifty-six percent of Bay Staters say they plan to vote Yes on the so-called Fair Share Amendment, according to a newly released poll from The Boston Globe. It would implement a 4 percent surtax on income earned exceeding $1 million per year, meaning that the money would first be subject to the 5 percent state income tax.

A majority of Massachusetts residents want to raise taxes on the state's wealthiest residents, according to a new poll. Fifty-six percent of Bay Staters say they plan to vote Yes on the so-called Fair Share Amendment, according to a newly released poll from The Boston Globe. It would implement a 4 percent surtax on income earned exceeding $1 million per year, meaning that the money would first be subject to the 5 percent state income tax.…