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WGBH News: Millionaire’s Tax Debate

Jun 14, 2017Council in the News, WGBH News

WGBH News: Greater Boston hosted by Jim Braude

Next November, voters will decide whether Massachusetts’ highest earners should pay more in state taxes. The so-called “millionaire’s tax plan” would mean an extra 4% tax on any earnings over one-million dollars and that’s on top of the 5.1% rate we already have. Supporters say it would raise around two-billion dollars more for transportation and educational initiatives in the state, but opponents argue it could do more harm than good to our local economy.

Dan Wolf, founder and CEO of Cape Air and a former democratic state senator, and Chris Anderson, president of the Mass High Tech Council, join Jim Braude to discuss the affect it could have on the state. Click here to view the discussion which aired live on WGBH News.

Leaders of Massachusetts’ Innovation Economy

Dedicated to Growth, Committed to Action.

Increasingly, the Massachusetts High Technology Council is stepping up to create, execute, and lead critical statewide competitiveness strategies. Fostering a vision for our innovation economy under the MassVision2050 banner, the Council solidifies its position as a thought leader providing valuable insights to navigate emerging technologies, facilitates long-term planning, and reinforces the Council's commitment to excellence and action in the evolving Massachusetts tech-driven economy.

To learn more, contact Council President Chris Anderson.