Three years ago, Massachusetts imposed a 4% surcharge on personal annual incomes over $1 million. It raised $ 6.4 billion. Now Rhode Island and other states are moving in that direction. Aim is to offset Trump favoring the rich.
finance.yahoo.com/news/rhode-i...
Rhode Island Eyes Tax on Rich to Counter Trump Policies
McKee in an interview said he’s open to the surtax if it’s paired with tax cuts for businesses, seniors and other groups, a contrast to comments last spring that it wasn’t time for such a step. A spo...
