LetsPlayCanasta t1_iublym9 wrote on October 30, 2022 at 2:04 AM

Reply to comment by Ok_Wealth_7711 in The face of opposition to Question 1 admits proposed tax wouldn’t hurt him much: ‘I’m not struggling’ - The Boston Globe by petepont

If Peter's happy about that, he should willingly pay to support that.

Instead he needs to be compelled.

Ok_Wealth_7711 t1_iubmbx3 wrote on October 30, 2022 at 2:07 AM

Peter is happy about it. If he wasn't, he'd set his business up somewhere with lower taxes and fewer services, like Alabama. Peter never wants to pay though, because no one ever wants to pay.

Everyone needs to be compelled. Literally everyone. You must have skipped econ 101, where they taught that an economy is a collection of self interested individuals.

LetsPlayCanasta t1_iubnec8 wrote on October 30, 2022 at 2:16 AM

Maybe you didn't hear about all the companies moving from California to Texas.

Don't worry, you'll hear about all the businesses moving from Massachusetts to New Hampshire soon enough.

Ok_Wealth_7711 t1_iubo5p5 wrote on October 30, 2022 at 2:22 AM

You seem to have confused this personal tax increase with a business tax increase. The only businesses that would move because of this tax are ones that are taxed/owned by unincorporated entities. Will some businesses move? Maybe. But there will always be a race to the bottom. None of the corporations that generate the majority of the jobs/income in MA will be moving as this won't even remotely affect them.

It seems you've picked a position and are now trying to find facts that support it instead of the other way around. My condolences.

LetsPlayCanasta t1_iubp4i7 wrote on October 30, 2022 at 2:31 AM

Will personal taxpayers earning over a million move over the border into New Hampshire?

Based on history and previous examples from Maryland to France, why wouldn't we believe this? And why wouldn't we believe there would be an actual drop in expected revenues just like those previous examples?

https://www.nytimes.com/2016/05/01/business/one-top-taxpayer-moved-and-new-jersey-shuddered.html

Ok_Wealth_7711 t1_iubpccp wrote on October 30, 2022 at 2:32 AM

Taxes are paid where they're earned. Anyone who works in MA will still pay MA taxes. You seem unfamiliar with our tax code.