Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch

MicroWave@lemmy.world · edit-2 1 year ago

Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch

MNByChoice@midwest.social · edit-2 1 year ago

[https://www.investmentnews.com/welcome-to-the-millionaires-tax-240997](An overview for those that don’t know anything about this.)

Edit: fixed the link An overview for those that don’t know anything about this.

a 4% surtax on individual earnings above $1 million. This new provision, which comes into effect from Jan. 1, 2023, will be layered over the preexisting 5% state income tax rate.

PRUSSIA_x86@lemmy.world · edit-2 1 year ago

Heads up, it’s supposed to be [text] then (link)

MNByChoice@midwest.social · 1 year ago

Thank you, that explains a lot.

Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch

Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch

Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch.