Novi Sad@feddit.org to Microblog Memes@lemmy.worldEnglish · 3 days agoOkay, but New York (City) is different, bro, I promisefeddit.orgimagemessage-square97fedilinkarrow-up11.55Karrow-down110
arrow-up11.54Karrow-down1imageOkay, but New York (City) is different, bro, I promisefeddit.orgNovi Sad@feddit.org to Microblog Memes@lemmy.worldEnglish · 3 days agomessage-square97fedilink
minus-squarecoherent_domain@infosec.publinkfedilinkEnglisharrow-up14arrow-down1·3 days agoJust to say that MA has a pretty IMO idiotic flat state income tax rate of 5%, and having a income over 1m only increase the rate by 4%. This increase is really negligible compare to the tax rate by the federal government and the cost of living difference between MA and other states. If anything, I feel MA still don’t really have a “fair” income tax system yet, but one step at a time.
Just to say that MA has a pretty IMO idiotic flat state income tax rate of 5%, and having a income over 1m only increase the rate by 4%.
This increase is really negligible compare to the tax rate by the federal government and the cost of living difference between MA and other states.
If anything, I feel MA still don’t really have a “fair” income tax system yet, but one step at a time.