Earlier today, a group of Massachusetts voters, including Democratic and Republican legislators, business owners, and others, filed a complaint with the Supreme Judicial Court (SJC), challenging the Attorney General’s and Secretary of the Commonwealth’s failure to propose fair and accurate language regarding the proposed Graduated Income Tax Amendment slated to appear on the November 2022 Massachusetts ballot. Two Fiscal Alliance Foundation Board Members are plaintiffs in the suit. A full copy of the suit is available here.

TCI is expected to go into effect by 2023, even though MA is the only state “fully committed.”

The Fiscal Alliance Foundation and The Beacon Hill Institute (BHI) today released a study showing the effects of instituting a so called “Millionaire’s Tax” on the Massachusetts economy.