Students in Massachusetts will get free lunch and breakfast at school thanks to a new 4% tax put on people who earn more than $1 million.
We need different terms for people who HAVE a million dollars and people who MAKE a million per year. Lots of people will read this millionaire’s tax and think it will apply to them when they are nearing retirement since they finally have a million dollars after saving all their life.
That’s what the campaign to quash the bill did. That, and tried to convince people that they might have a single multi-million-dollar transaction in their life (like selling a large successful business) and have to pay an extra 4% on it.
Always a push to get the “temporarily embarassed millionaire” to support the reach. “Yeah, yanno. My little lawmowing operation that makes me $20,000 coild sell for over a million and then I’m fucked”
Ah, the Philip J. Fry mentality
“someday I might be rich, and then people like me better watch their step”
It’s easier to sell a tax hike if you know exactly where it’s going :)
Unless you’re Waukesha, Wisconsin, where they specifically voted to stop giving kids handouts (i.e. free lunch). Because, you know, kids should work for their food or something instead of using their energy to learn.
probably the same people that say abortion is murdering kids…
Free school meals should be a given since our taxes should go to what our elected officials have so thoughtfully decided where to apply them. What no one rarely brings up let alone tries to solve is the disgusting and unsafe food that the local, state and fed officials decide to make available. There’s too much politics in cafeteria food. They should focus there budget in getting healthy food not the cheapest, uncles cousins or corporate friend contract.
Reason why #3648393847 why representative democracy simply does not work.
I think what is missing is control over the representatives. When you elect someone, you give them your power, you should be able to take it back when they abuse it.
In a representative democracy, transparency and control are key and when this is not enforced, people tend to think the system is broken and does not work. It would work if that is fixed
Have to love when people say anything is “free”
Thanks for the article, learning aboutnthe positives.
On another note…
In February, President Joe Biden urged lawmakers to pass his billionaires’ tax proposal, which would impose a minimum 20% tax on households with a net worth of more than $100 million.
It is a start, but may be too late in the game for the blue administration for 2024.
I have also heard of other positive things being pushed, in my bubble of politics.
Might be due to all the military conflicts around the world and union strikes, that are also starting to ramp up in the US.
Great post on the positive news. Thanks again!
I think it’s fair to wonder why policy changes like those are being pushed so late into the presidents term. Seems like primaries and elections drive policy more than anything else.
Yes, you are right!
It is always the go-to for politicians, I see it workong less and less as more people get informed.
[https://www.investmentnews.com/welcome-to-the-millionaires-tax-240997](An overview for those that don’t know anything about this.)
Edit: fixed the link An overview for those that don’t know anything about this.
a 4% surtax on individual earnings above $1 million. This new provision, which comes into effect from Jan. 1, 2023, will be layered over the preexisting 5% state income tax rate.
