Evan Horowitz, executive director of Tufts University’s Center for State Policy Analysis, and Doug Howgate, president of the Massachusetts Taxpayers Foundation, urged lawmakers to spend a specific amount of the surtax revenue annually (Horowitz called for at least $500 million while Howgate suggested an initial cap of $500 million). They also pushed lawmakers to establish a savings or trust mechanism to hold some additional revenues for future years.
January 24, 2023
Income Tax
Mass DOR head: No signs yet that ‘millionaires tax' is causing taxpayers to flee
Evan Horowitz, executive director of Tufts University’s Center for State Policy Analysis, and Doug Howgate, president of the Massachusetts Taxpayers Foundation, urged lawmakers to spend a specific amount of the surtax revenue annually (Horowitz called for at least $500 million while Howgate suggested an initial cap of $500 million). They also pushed lawmakers to establish a savings or trust mechanism to hold some additional revenues for future years.
