modernhomeowner
modernhomeowner t1_itxiauh wrote
Reply to comment by Yeti_Poet in PSA: Vet your Sources [Question 1] by RonBurgundy35
It's the push. You stick with your employer for $20 an hour, even if you can get $25 elsewhere. But, the employee tells you that you now have to come in Sundays too and now that's the push you need to apply elsewhere. It's not about what the rate is, it's the push for more that drives people away. Right now, yes, you can go to other states for less, but we are about the same as all our neighbors, so it doesn't seem bad. Now, raising taxes makes them rethink things. People will leave. It's how many is the question and what income level. One $10m earner leaving is the same loss as the new earnings on 125 people making $1.1M.
Where I used to live, all 4 billionaires in my area left after the state raised taxes, one moved his whole headquarters to Florida and took all their senior managers with him. One of them just hired a CEO and moved to Florida, it was cheaper than paying the taxes and he didn't have to work. One guy making $50M a year and moving to Florida costs MA $2.5M a year in lost revenue.
I'm more concerned about MA having the greatest revenue than the highest tax rate. Higher tax rates do not always create the highest tax revenue. I doubt we'll ever get the real data on how many people left, how many use a different state for investment income, or how many businesses were considering expanding to Boston from NYC to cut taxes and instead now choose FL or TX.
modernhomeowner t1_itxbyl6 wrote
Reply to comment by pennant_fever in PSA: Vet your Sources [Question 1] by RonBurgundy35
Someone earning 1.1, may not leave. 2, maybe, 5, likely, 10 or 20, it would be on top of mind for sure. If I'm making $10M a year, paying $500,000 to MA, plus everything I pay to the US (and if US raises, you'll see even more leave MA), I'd feel like it was a smack in the face that you now want $860,000, a 72% increase. Rich people aren't dumb, and they are generous to the causes they want to be.. if they don't think the State of Massachusetts, who had a surplus last year, is a cause they want to be 72% more generous to, they will leave. They don't need to sell their home, they can just spend 183 days outside the state, something they may vary well be close to anyway. People think it is so hard to move states, it's super easy when you have people to pack for you.. and if you already have that ski cabin in NH, and by spending a few extra weeks in the summer takes your taxes back down to 5% for investments, or $0 for earned income, why not just spend that extra time there, and give a middle finger to the ungrateful people of MA who sent out postcards calling you greedy.
modernhomeowner t1_itwr69j wrote
Reply to PSA: Vet your Sources [Question 1] by RonBurgundy35
All people who would like to save themselves the trouble of leaving the state. If it passes, they will leave and take their tax payments with them, we'd get 0% rather than the 5% we are getting now, or the 6,7,8,9% we are told we will get if this passes. Rich people don't give up their money easily. They will move just a state away to keep their 5% rate or move to TN, TX, NV, FL or somewhere else with 0%.
modernhomeowner t1_itpg31e wrote
You really should double check that they need to use CVS. I don't know of any Caremark or Aetna plan that requires you to use CVS pharmacies, even though CVS is in the name.
modernhomeowner t1_itpfxws wrote
Reply to comment by goPACK17 in I can't be the only one who HATES CVS by EconomySeaweed7693
They have for over a decade.
modernhomeowner t1_itpftuf wrote
Wages are up in the US 8.57%, so this 11% isn't some huge miracle, the law may have contributed to the above average performance, or just locality made the difference; Colorado is going to have a greater increase naturally than states with more farming and more government-heavy states like Virginia, where government salaries, set by union contracts, only increased 2.1%.
modernhomeowner t1_it4c0jw wrote
Reply to Woman accused of unleashing bees on sheriff's deputies during Western Mass. eviction by bostondotcom
So, wait, she wasn't even the one being evicted? She could have killed someone that was allergic to bees as a way to show support of a deadbeat that has been illegally living in a mansion for 4 years?
modernhomeowner t1_isxietf wrote
Reply to comment by JameelWallace in Massachusetts lottery retailers receive about 5% back from winnings, so does that dictate where you buy it? by nebirah
Wrong platform. Reddit is a pro-tax forum, lol
modernhomeowner t1_ispciw8 wrote
Too much liability for a company to take it and resell it.
How much was in there when you moved in? Can you just chalk it up to leaving it as you found it; like a rental car?
If you really want to get it out, find some friends and some 5 gallon containers, pump it out and filter it, because unless the tank is new, you won't want whatever is in the bottom of the tank to come out in the fuel. Is there overlap with your new place. In a day you can make a bunch of runs in between your old and new house, lol.
modernhomeowner t1_isez9p9 wrote
Reply to comment by hemingwai in Pension for MA employees by pninardor
Benefits for those entering service after April 2012 is based on your highest 60-month pay (5 years).
modernhomeowner t1_irxqfkx wrote
Reply to comment by stuartroelke in Getting Paid Lunches in MA by stuartroelke
If you want to be paid, and feel you are entitled to it, negotiate with your employer and show them how your getting paid for lunch will earn them more money, get a salaried job, or open your own business.
modernhomeowner t1_itxj3qm wrote
Reply to comment by TheLittleGardenia in PSA: Vet your Sources [Question 1] by RonBurgundy35
Any other sub on Reddit is about rich people being greedy and doing anything to get out of taxes... Except apparently in MA, apparently we all seem to think rich people are upstanding citizens who don't care about money and can't wait to pay more taxes.