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Thread: Taxes matter
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Old 02-14-2019, 11:46 AM   #13
AndyC
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Join Date: Dec 2011
Posts: 4,285
Quote:
Originally Posted by lamboguy View Post
in Massachusetts there are surpluses. its the only state i know of that has a surplus over $1billion right now and heading to $3 billion within 2 years. the governor is not giving anyone a tax break now and is constantly looking for new ways to increase revenues. Mass. is one of the highest taxed states and nobody is leaving the state and they keep on paying.

the latest thing they want to tax are uber and lyft rides. they want 5.75% for their end. they also recently stuck a tax on short term rentals throughout the state. they have increased plenty of fees as well.
Mass has consistently run deficits but finally had a surplus in 2018 due to a booming economy.

https://www.bostonglobe.com/metro/20...kbM/story.html

Many people have left Mass to avoid the tax burden. Their exodus is not nearly as much as the higher taxed states such as NY, CT and NJ.
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