Training | 2021.06.17
Study Says Massachusetts Surtax Proposal Could Reduce Taxable Income in the State by over $2 Billion
As Massachusetts voters now begin to weigh the potential impact of a ballot proposal to increase taxes on business owners, retirees and wealthier households, a new literature review by Pioneer Institute shows that many existing academic studies find that wealthy individuals are particularly sensitive to changes in tax policy. Other studies explicitly warn policymakers that behavioral responses to taxing the rich could erode the tax base and ultimately strain state budgets.
(PRWeb June 17, 2021)
Read the full story at https://www.prweb.com/releases/study_says_massachusetts_surtax_proposal_could_reduce_taxable_income_in_the_state_by_over_2_billion/prweb18015391.htm
For more information, please visit
https://www.prweb.com/releases/study_say[...]er_2_billion/prweb18015391.htm
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