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WBUR@wbur.org |
The recent news from Massachusetts revenue officials that they collected about $1.8 billion this year from the so-called "millionaires tax" sparked chatter: Is the windfall great financial news — or a precursor to an exodus of wealthy residents?
35 replies 4 reposts 38 likes
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Cosmik Slop
@brightanimal.bsky.social
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Stop believing these parasites when they threaten to take their ball and go home. It's always bluster.
0 replies 0 reposts 1 likes
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@bernieburner7.bsky.social
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Massachusetts taxed wealthy people and the sky didn’t fall in. But what if it had fallen in?
0 replies 1 reposts 5 likes
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Dale Stromberg
@stromberg.bsky.social
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Massachusetts gets $1.8 billion of its purloined money returned to the people, plus the parasites decamp for someplace else? Let me rewrite that for you: "The windfall is great financial news—AND a precursor to an exodus of wealthy residents."
0 replies 0 reposts 1 likes
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DJ Brian H
@briandhalligan.bsky.social
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1 replies 1 reposts 38 likes
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Lenora Rose
@lenorarose.bsky.social
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Easy solution to the millionaires moving... everywhere else should see the success and implement the same.
1 replies 0 reposts 38 likes
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Ward Q. Normal
@wardqnormal.bsky.social
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What if the good thing that is happening as a direct result of a policy change is ACTUALLY going to lead to some nebulous, scary-sounding BAD thing that isn't happening and in fact has never happened? What then?!?!?
0 replies 1 reposts 34 likes
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Dave Dissents
@dconrad.bsky.social
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great financial news hope this helps
0 replies 0 reposts 7 likes
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Jim Mashek
@jmashek.bsky.social
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The statement that Pagliuca changed his residency to Florida but still spends much of his time in Massachusetts begs the question: does he qualify for part-time residency, and is part-time residency subject to the millionaires tax?
0 replies 0 reposts 11 likes
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br◎seph
@friendo.bsky.social
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itd be great if rich people left but if not the tax revenue is nice
0 replies 1 reposts 3 likes
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Little Gems
@lettucewrangler.bsky.social
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It's acceptable to lose the millionaires. They drive up the cost of living for everyone. That's the whole reason inequality is bad
0 replies 0 reposts 56 likes
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jam
@socialistboat.dad
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The first one
0 replies 0 reposts 1 likes
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Kwisatz Sazerac 🖤 🐀🐀🐀
@acekatana.bsky.social
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We literally have the answer to that: they stayed and paid the tax
0 replies 0 reposts 1 likes
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Rabbi Vole
@rashnishmandeville.bsky.social
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A good, popular policy has a great outcome. But what if it's actually bad because some rich assholes said so?
0 replies 0 reposts 14 likes
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Hare 🍉
@haredurer.bsky.social
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It’s the first one.
0 replies 0 reposts 0 likes
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Christopher J. Regan
@everydayregan.bsky.social
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What’s the theory? They’re just now finding out about it? Accountants dropped the ball last year?
0 replies 0 reposts 2 likes
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@dirtydancing2hn.bsky.social
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Most of the states that have the highest tax on millionaires are among the ones with the most millionaires per capita.
So, no. There will not be an “exodus.”
en.m.wikipedia.org/wiki/List_of...
www.nasdaq.com/articles/tax...
0 replies 1 reposts 3 likes
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Michele
@ibumichele.bsky.social
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Great financial news. It’s already working
0 replies 0 reposts 6 likes
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mikevagomikevago
@mikevago.bsky.social
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"Wealthy people didn't move out and just paid the tax, but what this article's dishonest framing presupposes is... what if we just reported the right-wing narrative instead of the facts?"
0 replies 0 reposts 17 likes
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🎸Paul🎹
@paul.bsky.social
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Fix your shitty article.
0 replies 0 reposts 2 likes
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October Bird
@octoberbird.bsky.social
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Shut up binch
0 replies 0 reposts 0 likes
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Daniel 🦁
@eikonos.bsky.social
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this is great news!
0 replies 0 reposts 1 likes
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Nice Footpaws
@ionotter.bsky.social
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Oh please. Who the heck is going to leave MA? A BROOM CLOSET on the coast STARTS at 800K, and it's right next to the salt marsh, where it's all greenheads and rotten eggs. Rich people DO NOT FEEL TAXES. They're rich enough to loophole them to death anyway, so jack them up 200% with impunity.
0 replies 1 reposts 3 likes
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Tired Art Goblin
@spaceturtleart.bsky.social
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Solution: implement the tax everywhere so the wealthy can't escape their obligations to society.
0 replies 0 reposts 5 likes
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Susan (George) Schorn
@susanschorn.bsky.social
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Sounds like a win either way, TBH.
0 replies 0 reposts 5 likes
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Boo
@whyknot.bsky.social
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The former. The latter is idiotic
0 replies 0 reposts 0 likes
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Zeroisanumber
@zeroisanumber.bsky.social
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Rich assholes aren't going to move
1 replies 0 reposts 42 likes
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(X) JASON!
@pressxtojasonwrites.com
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"Boston's NPR." Something tells me you don't mean for this to be as honest as it is, in 2024.
0 replies 0 reposts 1 likes
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AM (Amber Mitchell)
@thisisam.bsky.social
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Did a millionaire write this?
0 replies 0 reposts 8 likes
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Ostrich, Booster Pack Blueskyer
@justostrich.com
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Media: "Let's see the lefties tax these millionaires when they decide to leave the city THIS time!" Millionaires: *pay the tax and stay* Media: "Ah, well, nevertheless..."
0 replies 0 reposts 4 likes
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Josh
@saltedjosh.bsky.social
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Why're you licking millionaire taints?
0 replies 0 reposts 12 likes
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Father Draven 🚛:$127/400 🏳⚧♿👩👧👦
@willowdraven.bsky.social
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So do you ask the millionaires what the headline should say, or do you just obey in advance when you write this nonsense?
0 replies 0 reposts 26 likes
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Julia S.
@booktweeting.bsky.social
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how is this a “windfall” when it’s the revenue from a planned tax? “revenue that exceeds forecast to some extent” is not a “windfall”
1 replies 2 reposts 76 likes
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In Da' Indica!
@indaindica.bsky.social
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Millionaire taxes for everyone, that way they have nowhere to run.
0 replies 0 reposts 0 likes
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A Thousand Autumns
@wellsbe.bsky.social
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0 replies 0 reposts 0 likes
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Old Glory Robot Insurance
@ogrobotics.bsky.social
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They sell their property to ... other millionaires?
0 replies 0 reposts 2 likes