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Millionaires' Tax Looks To Be Headed For '22 Ballot


UpdatedFri, Jun 4, 2021 at 12:59 pm ET
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The Legislature will convene for a joint meeting next Wednesday to vote on the so-called millionaires tax. (Dave Copeland/Patch)
The battle for Massachusetts to pay more in taxes is ramping up again.
The so-called millionaires tax is scheduled for Wednesday vote when the Legislature gets together for a joint meeting. A favorable vote which is very much expected would land the initiative on the 2022 ballot.
That would mean voters get to decide whether to levy a 4 percent income tax increase on all household income over $1 million. The current income tax rate for Massachusetts residents is 5 percent. ....

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