April 27, 2021
PUBLIC FINANCE > Taxes > Income Tax

Watchdog seeks delay on 'millionaires tax' vote

Christian Wade ,

The Daily News

In written testimony, the Massachusetts Taxpayers Foundation asks legislative leaders to postpone a second and final vote on the proposed amendment, which seeks a 4% surtax on the portion of an individual's annual income above $1 million. Eileen McAnneny, the foundation's president, said with the economy still in flux, and the long-term effect of the pandemic on the workplace unclear, lawmakers should halt the push to tax top earners.