General Massachusetts Politics Discussion

I'm curious as to how many people with incomes well above $1 million have those consistently. If the startup you work for gets bought out or goes public you can hit a multi-million payout in one year, but that's not a recurring income stream you shape your life around. I wonder how many people fit in that bucket.

I was going to say mainly Pro Athletes (sorry, Red Sox) and yeah windfalls. Which would include the profit from selling their home.

That's not how state income tax works. This is an oversimplification, but in the end you basically end up paying the higher of where you live and where you work. And if you work in multiple states you allocate your "where you work" income accordingly.

Looks like you are correct, at least for Maine. I wonder if the people going to Maine realize that.
 
Gov. Maura Healey announced Tuesday that she is filing legislation to suspend the gas tax in Massachusetts for two months, but a key legislative leader is throwing cold water on the plan.
"I'm taking action as governor to do what I can to make life easier for people in Massachusetts to provide some relief," Healey said.
The governor blamed President Donald Trump's policies for high gas prices in the state. She said suspending the gas tax would provide $120 million in relief, and said the lost revenue could be replaced with funds from the millionaire's tax.
Healey's plan needs to be approved by lawmakers on Beacon Hill. WBZ-TV reached out to House Speaker Ron Mariano for comment, and a spokesperson pointed to a statement Mariano issued Monday in response to Republican candidate for governor Mike Minogue's call to suspend the gas tax.
"Historically, the Legislature has chosen not to suspend the gas tax because it would limit our ability to fund critical infrastructure projects while doing little to alleviate costs for residents," Mariano said. "With no end to the war in sight, a suspension of the gas tax would be fiscally irresponsible."
Senate President Karen Spilka also issued a statement, but did not say whether she supports or opposes the gas tax suspension.
 

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