What You Need To Know
- The levy has infuriated business leaders who complain it makes the state less competitive and drives away the wealthy.
- The extra cash it has generated recently helped Governor Maura Healey ease the Massachusetts Bay Transportation Authority’s budget gap.
- One analyst estimates that for every dollar this tax brings in, the state could lose 20 to 50 cents in income taxes from those who leave or adopt tax-avoidance strategies.
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