Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch.

https://www.businessinsider.com/massachusetts-millionaire-tax-gets-kids-free-school-lunches-2023-8

Massachusetts millionaire tax gets kids free school lunches

Massachusetts the eighth state to adopt a plan for free school lunch for all students who want it.

Insider
@DamienMarieAtHope we already have this in California
@DamienMarieAtHope it’s like taxing the rich and using the money to address public needs works!?!?!?!?!?
@freeformz @DamienMarieAtHope That can’t be right. The only way to help people is to let the rich keep more money so they can spend it. 8^/

@seraphimages @freeformz @DamienMarieAtHope it’ll work any day now. We’ve only been trying for what?

Oh wait just checked my notes we’ve been trying that for 60 years. But yeah any day now that money will trickle down

@clayrosenthal @freeformz @DamienMarieAtHope Exactly, and besides, imagine how you will feel when you become a millionaire and have to fall on your own sword with these taxes you want millionaires to pay.

@seraphimages @clayrosenthal @DamienMarieAtHope

Fine. I’ll feel fine paying a fair share. If I’m making millions that means I have too much for myself. Note: I’d like to have to experience this “problem”.

@freeformz @clayrosenthal @DamienMarieAtHope I hope one day we all can have that “difficulty” to have to deal with.

@freeformz @seraphimages @clayrosenthal @DamienMarieAtHope

Who was it that suggested that the tax rate over one million dollars should be 100%?

Cause I don't disagree.... And yeah it's a problem I'd love to have

@DamienMarieAtHope As a future millionaire, I’m furious about this.
@DamienMarieAtHope As a future millionaire, I'm happy to help pay my share BECAUSE I'VE BEEN THERE
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And don't gimme that "I walked uphill in the snow with a bicycle over my head barefoot" stuff either; I refuse to be a monster to the future generations.
@ayilathebailey @DamienMarieAtHope That's a great policy; they should tax the millionaires more.

@elronxenu @ayilathebailey @DamienMarieAtHope Taxed so much that there's never any such thing as billion or trillionaire too.....

#EatTheRich

@DamienMarieAtHope One small step in the right direction!

This is the closest implementation of #EatTheRich I have seen yet:

Massachusetts passed a 4% millionaire's tax last year. Now every public school student is going to get free lunch.

https://www.businessinsider.com/massachusetts-millionaire-tax-gets-kids-free-school-lunches-2023-8

Massachusetts millionaire tax gets kids free school lunches

Massachusetts the eighth state to adopt a plan for free school lunch for all students who want it.

Insider
@DamienMarieAtHope and that's just using a portion of the proceeds from the tax

@Dashtop @DamienMarieAtHope
Careful what you wish for……

At 40%, they’ll learn to hide their wealth

@Ferencz I mean it's not wealth tax, but income tax in Australia is 45%:
https://en.wikipedia.org/wiki/Income_tax_in_Australia
Income tax in Australia - Wikipedia

@DamienMarieAtHope I’m glad I live here - sometimes it feels like Mass is the only state in America that hasn’t lost its damn mind
@Dogzilla @DamienMarieAtHope I've been looking for somewhere sane to move.....maybe I'll job hunt there! 😁❤
@Scrambelzini @DamienMarieAtHope The main thing that had me looking to move elsewhere were the winters. But the past few winters have been pretty mild - we’re joking in a few years we’ll have North Carolina weather. Coupled with the reality that nowhere else makes as much sense due to climate change or political issues, and it really feels like the Northeast is the best place to settle now.
@DamienMarieAtHope
But how are the millionaires getting by after this?
@DamienMarieAtHope they're taxing an extra 4% on annual earnings over $1 million and expect to pull in $1 billion? How many people in Massachusetts make that much money and what do they do?
@DamienMarieAtHope But what about the poor millionaires?!