Planning with the Massachusetts Millionaires Tax

The Massachusetts Fair Share Amendment “Millionaires' Tax ...

There is a proposed change to the Massachusetts state constitution that would increase the overall state tax rate for certain residents of ...

Massachusetts Approves Millionaires Tax: What It Means for ...

The Fair Share Amendment, also known as the Millionaire's Tax, will impose an additional 4% surtax for those earning more than $1 million per ...

Massachusetts Millionaire's Tax Seminar - McLane Middleton

The new tax imposes an additional 4% state income tax on that portion of annual taxable income in excess of $1 million. Revenues from the tax ...

Want More Equality of Opportunity and Social Justice? Copy ...

Massachusetts' Fair Share should serve as a model to other states seeking to implement their own progressive taxes on million-dollar incomes to ...

Allen Harris : How to avoid paying the millionaires tax | Business

Massachusetts voters approved the Millionaire's Tax in November 2022. It was the first time the state's constitution was amended in 22 years.

MA small business owners rail against proposed millionaires tax

BOSTON — A handful of business owners from throughout the state recently came together to call attention to how the proposed surtax on ...

Is New Hampshire starting to cash in on the Mass. 'Millionaire's Tax'?

A new so-called “Millionaire's Tax” enacted in Massachusetts has some Bay Staters looking to New Hampshire to relocate both their homes and their companies.

Massachusetts' 6-month-old millionaire tax is already up for a ...

Families or individuals? Fair Share Massachusetts on its website pushing the ballot question behind the surtax wrote: “Only the wealthiest ...

Massachusetts Estate Tax Law Changes – Millionaire's ... - Mondaq

Beginning January 1, 2023, the Millionaire's Tax imposed an additional 4% surtax on a Massachusetts tax filer's return reporting income in ...

Accountants: Wealth leaving Mass. for NH due to 'millionaire's tax'

Collections from the surtax appear on track to easily surpass $2 billion per year, and Beacon Hill Democrats continue to advance big plans to ...

Welcome to the 'Millionaire's Tax' - Investment News

Late last week Massachusetts Gov. Maura Healey ratified the fiscal year 2024 state budget, which integrates a 4% surtax on individual earnings ...

The Massachusetts Millionaire Tax – Part 1

Starting in 2023, Massachusetts will move from what was a 5% flat tax on income and long-term capital gains to this new, graduated tax structure ...

Governor Healey Signs First Tax Cuts in More Than 20 Years

Mariano (D-Quincy). “I'm confident that this tax reform legislation will help to make Massachusetts more affordable for all residents, while ...

What does the Massachusetts Tax Mean For Oneok Millionaires?

Last November, a constitutional amendment was approved by Massachusetts voters, which introduced a 4% surtax on incomes exceeding $1 million. This surtax, when ...

Massachusetts declares early victory in taxing the rich, saying $1.8 ...

Taxing millionaires is a contentious issue—but Massachusetts is declaring early victory, with an announcement this week that the state's tax ...

Massachusetts is Losing Residents and it's Getting Worse:

The survey of CPAs indicates that thousands of residents with more than $1 million in annual taxable income plan to relocate from the. Commonwealth in the next ...

Massachusetts 2023 Tax Package: Income Tax Benefits and Impacts

However, if a taxpayer is subject to the new Massachusetts “millionaires tax”, the 4% surtax will increase the short-term capital gain rate up to 12.5%. Also, ...

Hits and misses on millionaire tax spending plan

Healey's other big idea for millionaire tax money is to use some of the funds to float bonds. Healey is proposing that a portion of the money ...

Will the 'Millionaires' Tax' Hobble the Massachusetts Economy?

This past fall, Bay State voters passed the so-called millionaires' tax on the promise of giving the economy a much-needed boost.

Massachusetts Municipal Association (MMA)

Boston Mayor Wu and business leaders strike deal on property tax plan. ... million wastewater treatment plan. Cape Cod Times. Cape Cod research group gets ...