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Taxing millionaires is a contentious issue—but Massachusetts is declaring early victory, with an announcement this week that the state’s tax on its highest earners has yielded $1.8 billion in ...
The treasurer and receiver-general of Massachusetts is an elected constitutional officer in the executive branch of the U.S. state of Massachusetts.Originally appointed under authority of the English Crown pursuant to the Charter of the Massachusetts Bay Company, the office of treasurer and receiver-general (commonly called the "state treasurer") became an elective one in 1780.
The current comptroller general is Eugene Louis Dodaro, who assumed office on December 22, 2010. He was preceded by David M. Walker. [6] On February 15, 2008, Walker announced that he was resigning from GAO to head The Peter G. Peterson Foundation. Eugene Louis Dodaro became acting comptroller general of the United States on March 13, 2008, and ...
Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), [1] and a per capita income of $48,617 (as of 2021). [2] Many of the state's wealthiest towns are located in the Boston suburbs. This area includes a high concentration of wealthy cities and towns just to the ...
Healey, a Democrat and strong supporter of a state-administered universal child tax credit (CTC), proposed her $600 per child tax relief program that would ultimately benefit more than 700,000 ...
Months of negotiations resulted in more than $500 million in tax relief for families, seniors, renters, businesses and real estate developers. Top Mass. lawmakers have a deal on tax relief. Here's ...
Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...
What is the Massachusetts income tax on the $910 million jackpot? According to Mass.gov , for winnings of $600 or more, 5% is withheld. For prizes $5,000 and more, an additional federal tax is ...