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

Reply to comment by LetsPlayCanasta 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

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.