· Updated January 16, 2025 12:05 AM · 1 min read read
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BOSTON — Legislation that's been dubbed the ''millionaire tax'' is going before a legislative committee on Beacon Hill.
The proposed amendment to the state constitution calls for an additional tax of 4 percent on filers with annual incomes of $1 million or more. Supporters say revenue from the tax would be earmarked for public education and transportation improvements.
BOSTON — Legislation that's been dubbed the ''millionaire tax'' is going before a legislative committee on Beacon Hill.
The proposed amendment to the state constitution calls for an additional tax of 4 percent on filers with annual incomes of $1 million or more. Supporters say revenue from the tax would be earmarked for public education and transportation improvements.…