Economic Update with Richard D. Wolff cover image

The System is the Problem

Economic Update with Richard D. Wolff

00:00

Massachusetts Millionaire's Tax

Voters in Massachusetts will be deciding on a millionaire's tax. The amendment would add four per cent to all individuals who earn over one million dollars. If it passes, 99 point five % of massachusetts residence would not be effect by this amendment if it passes. There is very little evidence that where taxes like this have been levied, rich people have moved.

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