cross-posted from: https://lemmy.world/post/3160934
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.
We ultimately won’t know until next year’s budget is reported. We only can really view 2021 in detail right now. This change goes into effect this year so we’ll see the change in revenue likely detailed in late 2024. Then we can look at a trend analysis in 2025 to determine if higher income household are moving out. Anyone who makes any claims outside of this is not basing it on real revenue data.
In five more years everyone will be moving here trying to get away from climate disasters in other parts of the country anyway so I’m not particularly worried about it. We were also just rated the best state in the country to live and raise a family too so 🤷♂️
