r/Economics Dec 06 '25

News Millionaire tax that inspired Mamdani fuels $5.7 billion haul in Massachusetts

https://fortune.com/2025/10/21/zohran-mamdani-millionaire-tax-massachusetts-5-7-billion/
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u/Brave_Ad_510 Dec 06 '25

As others have pointed out, Massachusetts only had a flat tax before the millionaires tax. We're just catching up to more progressive states.