Business Groups Sue To Stop Massachusetts 'Millionaires Tax' Ballot Initiative

Oct 3, 2017

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   Five business groups filed a lawsuit Tuesday in a bid to knock the so-called “millionaires tax” off next year’s ballot in Massachusetts.

   One of the plaintiffs, Eileen McAnneny, President of the Massachusetts Taxpayers Foundation, has long argued it is a mistake to take taxation authority away from the Legislature and lock it into the state’s constitution.

     " If there are problems with this new tax increase, the legislature doesn't have the power to change it," stated McAnneny.

    The ballot initiative is backed by a coalition of labor unions and left-leaning activists. It would amend the state’s constitution to put a 4 percent surtax on incomes over $1 million and direct the additional revenue be spent on transportation and education.

   The Supreme Judicial Court is expected to hear oral arguments in the case early next year.