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Comprehensive-Bus661 OP t1_iucx7vb wrote

Reply to comment by IncidentFar3094 in Why does MA need more tax money? by Comprehensive-Bus661

So, they can pay for bloated salaries more fairly? Well, I guess I can get behind that. Not that it actually REDUCES the taxes I pay as a non-millionaire… It doesn’t take less from me so I can support myself, it just takes more from them. yay

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IncidentFar3094 t1_iucxqo5 wrote

Yes, if One had passed five years ago, the surplus would have been bigger and the upcoming tax refunds ordinary taxpayers are receiving soon would be bigger

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Intrepid_Priority154 t1_iud3ys7 wrote

So socialism?

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IncidentFar3094 t1_iudc97t wrote

Yes, only inverted socialism, where the ordinary earners pay 10% = 5% state and 5% local while high earners currently pay 5%= 5% state and just a small percent local.

Clarify: we currently have inverted socialism.. High earners pay less. Q1 evens it up a bit

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IncidentFar3094 t1_iudd6sa wrote

But I have to admit I have no idea what a rebate would look like with Q1 in place. Would the high earners get a higher rebate? Seems only fair they should. So I don't know

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fetamorphasis t1_iugkpfv wrote

The rebate is a flat percentage of total tax liability. So the high earners would get more absolute dollars but the same percentage refund.

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Comprehensive-Bus661 OP t1_iucy6fh wrote

MA legislators are currently working on a bill to redistribute the refund on a progressive scale but I don’t think it passed, yet so not sure that’s correct.

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IncidentFar3094 t1_iucy9z2 wrote

Yeah, it hasn't happened yet, but Charlie Baker is gonna make it happen

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dogmom603 t1_iufii8l wrote

Not allowed under the current constitution. Not allowed to tax the same class of income at different rates for different people, so the rebates have to happen proportionally based on how much each taxpayer actually paid.

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