CommonWealth

NEWS MAGAZINE

CommonWealth Magazine

WHEN A COALITION of labor, clergy, and liberal organizing teams first proposed increasing the tax price on earnings around $1 million, the yr was 2015. The earnings tax price was 5.15 percent, the area was reeling from the disastrous functionality of the MBTA the past winter, there have been all around 15,000 folks in the point out earning over $1 million a yr, and no one had listened to of COVID-19. 

Fast ahead 6 years, right after an SJC ruling maintaining the issue off the 2018 ballot, and the so-referred to as Reasonable Share amendment, or millionaires’ tax, is again

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