‘Millionaires tax’ has already generated $1.8 billion this year for Massachusetts, blowing past projections - The Boston Globe
www.bostonglobe.com
The estimated haul is already $800 million more than what Governor Maura Healey and state lawmakers planned to spend from its revenue in fiscal year 2024.
  • brbposting
    31·
    7 months ago

    My memory of it:

    New York takes in outsize revenue from very wealthy people.

    Flight of wealth becomes critical funding issue.

    To partially mitigate the problem, it becomes worthwhile to investigate those who claimed to be leaving.

    Flight of wealth remains critical funding issue.

    So, yes, I was describing fraud - and the investigations thereof driven by out migration. Does my comment seem less of a non sequitur now? :)