$1.5 billion in estimated revenue: A look at the Mass. 'millionaire's tax' first year
www.wbur.org
Advocates promised the new tax would bring in over $1 billion a year in new revenue. And they quickly saw their predictions surpassed: the state Department of Revenue estimates it will generate over $1.5 billion this fiscal year.
  • IamSparticles@lemmy.zipEnglish
    1·
    10 months ago

    I mean, if the point is to stop people from stockpiling wealth and increasing wealth disparity, then it sounds pretty effective.