Don’t Call It the ‘Millionaires’ Tax: Inflation Is Raising the Bar on Who Pays Massachusetts’ High-Earner Levy - The Boston Globe

Don’t call it the ‘millionaires’ tax: Inflation is raising the bar on who pays Massachusetts’ high-earner levy - The Boston Globe

Two-plus years after residents voted to more heavily tax earnings over $1 million, inflation is steadily raising the bar on who actually must pay the extra levy each year.

Patriotic Millionaires concept of tax ‘fairness’ ignores tax facts in Canada

From the Fraser Institute By Jake Fuss and Tegan Hill A group of wealthy Canadians called the “Patriotic Millionaires” recently asked governments in Canada to increase the amount of taxes they pay to “ensure greater fairness” in the system. In particular, the group is calling for a wealth tax and higher taxes on capital gains. Unfortunately, the Patriotic Millionaires (whose motto is “Tax the rich!”) seem to misunderstand the current distributio…