Make millionaires pay more taxes? What a concept!
But that is exactly what Massachusetts residents voted for in the 2022 mid-term elections — an amendment to their state constitution that charges a 4% tax on anyone making $1 million a year — with that money going to transportation and public school funding throughout the state. Rebekah Entralgo, Managing Editor at the Institute for Policy Studies, Inequality.org, talks about this and other ballot initiatives in Nevada, Nebraska, Illinois, and Arizona which raised minimum wages, protected the right to organize, allowed undocumented individuals to receive in-state college tuition prices in their recent article “Inequality-Fighting Initiatives Win Big“.