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Reply to ""Tax the Rich""
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[quote=Anonymous][quote=Anonymous] Let's see some evidence for these claims. When Massachusetts enacted a "millionaire's tax" on the wealthy (4% surtax on income over a million dollars), lots of spoiled rich people threatened to leave. And probably some did. But it hasn't been the exodus that some thought it would be, and 2 years later, the revenue generated by the tax has been more than twice what had been expected. In the first year alone, $2.5 billion was collected. TAX THE RICH. Make them squeal like the pigs they are. https://www.wbur.org/news/2025/04/28/massachusetts-millionaires-tax-institute-policy-studies-newsletter[/quote] Sure, here's a link that shows how MDs tax base left when taxes were raised: https://montgomeryperspective.com/2025/04/11/marylands-wealth-drain-part-six/[/quote]
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