Change State Tax Revenue Limit Initiative – The initiative would change the method of calculating the state’s tax revenue limit so that it is equal to the sum of the net amount of state revenue from the year prior and the average growth of wages and salaries in Massachusetts over the past three years. It would also include revenue from the tax on income exceeding $1 million in the state’s definition of tax revenue.
VOTE NO ON 5 to protect our state’s ability to invest in health care, transportation, and public education. Billionaires would get to enrich themselves, while the rest of us suffer from underfunded public services.
League of Women Voters (MA) and Progressive Mass recommend a NO vote.