$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.
    • @Kethal@lemmy.world
      1•1 year ago

      So when you asked “What’s going to happen if tax rate increases keep decreasing revenue?” you were referring to something that doesn’t involve revenue? And that doesn’t have to do with income tax? In a conversation about income tax? That’s even worse.