Fair Share Amendment
The Fair Share Amendment is a proposal to amend the Massachusetts Constitution, creating an additional tax of four percentage points on the portion of a person’s annual income that is above $1 million. The new revenue generated by the tax would be spent on quality public education, affordable public colleges and universities, and the repair and maintenance of roads, bridges, and public transportation. To ensure that the tax continues to apply only to the highest-income taxpayers, the $1 million threshold would be adjusted each year to reflect cost-of-living increases.
Massachusetts Jobs with Justice is a member of Raise Up Massachusetts fighting to pass the Fair Share Amendment.
The Legislative Fair Share Amendment – FAQs, March 27, 2019