Students in Massachusetts will get free lunch and breakfast at school thanks to a new 4% tax put on people who earn more than $1 million.

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[–] 24 points 3 years ago* (last edited 3 years ago) (1 child)

[https://www.investmentnews.com/welcome-to-the-millionaires-tax-240997](An overview for those that don't know anything about this.)

Edit: fixed the link An overview for those that don't know anything about this.

a 4% surtax on individual earnings above $1 million. This new provision, which comes into effect from Jan. 1, 2023, will be layered over the preexisting 5% state income tax rate.

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