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Massachusetts Chapter 62F limits the allowable growth of aggregate state tax revenues We’ve breached the cap for the first time since 1987 See quoted video👇 for a Babson professor doing subtraction and multiplication on TV! @WCVB/1570986668064112642On twitter.com
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Babson professor explains on TV that capital gains taxes could have play a role in causing the excess, since the cap level is mainly determined by wage growth The (likely important!) role of taxation of pass-through entities alas cut for time nbcboston.com/on-air/as-seen-on/refund-coming-to-mass-taxpayers/2837059/Permalink On twitter.com
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Much more detail and nuance in ongoing coverage👇 (featuring a slightly inane Babson professor) from @MattPStout and the @BostonGlobe @MattPStout/1570785165953363968Permalink On twitter.com
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