We need to tax wealth, not so much income. Stocks, property, etc...
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this is great but I just can't see how they're going to get around the state constitution ban on income tax, we'll lose in the courts and waste a bunch of time, need a fucking amendment to fix this shit
not to mention that however they're going to measure "personal income over $1M" won't actually catch all that many rich fucks, buy-borrow-die continues to shield the wealthy from tax responsibility
Massachusetts added a graduated income tax on incomes >$1m by ballot measure in 2022 and it raised so much more than projected in 2024 and although there are still holes, has massively helped with public transit.
This is SOCIALISM!
-People on Welfare!
They already know how to dodge this one.