2026-04-02 05:50:19
'Fair Share' outpaces other revenues
The Fair Share surtax is a 4% tax on annual income above $1 million in Massachusetts,
which was approved by voters in 2022
The funds are dedicated to public education and transportation.
As of 2026, it has generated over $2.3 billion for these purposes.
The new forecast from the Executive Office of Administration and Finance anticipates that the Commonwealth will collect a total of $44.9 billion in revenue this year,…






