October 27, 2022
PUBLIC FINANCE > Taxes > Income Tax

We become less competitive’: Business leaders argue against millionaire’s tax ballot question

Alison Kuznitz ,


But during the press conference, Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the structure of Ballot Question 1, which requires a constitutional amendment to take effect, is “really problematic. ”Should unexpected adverse economic consequences arise from the surtax, McAnneny lamented constitutional adjustments would take a minimum of four years to rectify. But some risks are clear now, she said.