A new “millionaire’s tax” in Massachusetts was expected to generate $1 billion in revenue last year to help pay for public education, infrastructure, and early childcare programs, but projections were a bit off, according to a fresh state analysis.
The state Department of Revenue estimated late last week that the Fair Share Amendment, which requires people with incomes over $1 million, to pay a 4% annual surtax, will add $1.5 billion to state coffers this fiscal year, which ends in June—surpassing expectations.
Universal free school meals, much-needed improvements to an aging public transportation system, and tuition-free education for community college students are just some of the programs Massachusetts’ wealthiest residents have helped pay for after voters approved the law in 2022 amid growing calls across the United States to tax the richest households and corporations.
There is no unclaimed territory where you could honestly claim to not need to pay taxes. Yes you could go off grid and hide, but you are still going to owe those taxes and it will be taken when they find you.
But who cares if they call it theft? I just agree. Fine it’s theft. The government is allowed to steal from you because society approves of it.
Sure there is. Perhaps not in the US, but if you’re dedicated to your convictions, the world is your oyster, and why would you want to stay in the US anyhow? In fact, you can buy a small boat and just move along coastlines, essentially invisible to everyone not charging you slip fees. (e: and you can often pay those with cash, no paper trail.)
Regardless, it’s still not theft if you use the services provided.