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Massachusetts had one of the lowest rates of wealthy residents decamping for other states in the 2010s, according to a new report from the Massachusetts Budget and Policy Center.
Massachusetts taxpayers will be getting $2.94 billion back from the state due to a law that limits how much money the state can hold onto.
Most Mass. voters see value of surtax on richest residents The May 19 op-ed “No going back to ‘Taxachusetts’ ” deprives readers of essential context and facts. Yes, state tax revenues rebounded more quickly than expected — that means they probably will have remained all but flat for two years when adjusted for inflation. That’s nothing to crow about. Moreover, this lackluster performance was made possible only through massive — but temporary — federal aid to families and businesses to support incomes, employment, and consumer spending. The Commonwealth also will receive billio...