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 Tax Alaska 2019-2025

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this election saw a host of new faces but voters were also tasked with determining the fate of four ballot questions 22 News State House reporter Ellen Fleming explains who will be impacted by the passing of question one Bay Staters voted in favor of the so-called millionaires tax on Tuesday the initiative passed with 52 percent of support question one will amend the State Constitution which has not been done for 22 years currently all incomes in Massachusetts are taxed at 5 percent however due to the passage of this question in comes over one million dollars will be taxed with a 4 surtax making the tax rate nine percent on the state's highest earners the tax revenue made from this amendment is to be spent on education and transportation however it is subject to appropriation the opposition campaign the coalition to stop the tax hike said in a statement this amendment will hurt small businesses as they struggle with inflation supply chain issue and work to rebuild from the nega

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