Submitted by [deleted] t3_zu9uc2 in massachusetts
jrprov1 t1_j1hs6fy wrote
And, Taxachusetts just started down the slippery slope to being able to collect more and more taxes from more and more people as they get to play with and adjust the, so-called Millionaire's Tax. Over the next few years, it will be amazing to watch as the definition of "millionaire" is lowered and lowered to satisfy the politicians' insatiable need for additional funds to spend. That is why MA is one of the top states losing population to more sane states.
If you are stuck due to your husband's job, start thinking about long commutes into Boston. Some people move to NH and commute in, in fact. The further west and north you go, the lower the real estate prices tend to get, though they are still high.
pccb123 t1_j1hu8wm wrote
Massachusetts it’s pretty mild of the pack at this point in state tax burden, so I’m not sure what you’re referencing.
Icy-Conclusion-3500 t1_j1hwuog wrote
The millionaires tax is not going to effect you.
mountainwocky t1_j1hy883 wrote
Anytime anyone starts using “Taxachusetts” in their argument it’s a sign to me that they don’t know what the fuck they are talking about. Massachusetts falls near the middle in categories of top marginal income tax rate, sales tax rate, or property tax rate. This guy lives in RI which has a higher top marginal income tax rate, a higher sales tax rate, and a higher property tax rate so he’s pulling this whole “Taxachusetts” thing from his ass.
https://www.investopedia.com/articles/personal-finance/110614/overall-tax-burden-state.asp
pccb123 t1_j1ipndm wrote
Yup.
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