The Fair Share Constitutional Amendment will invest in quality public schools, affordable higher education, and a transportation system that works by creating an additional tax of 4% on annual income above $1 million.
The new revenue generated by this tax could only be spent on quality public education, affordable public colleges and universities, and for repair and maintenance of roads, bridges, and public transportation. To ensure that the tax continues to apply only to the highest income residents, who have the ability to pay more, the one million dollar threshold would be adjusted each year to reflect cost-of-living increases.
On Wednesday, June 14, the Massachusetts Legislature advanced the Fair Share Amendment to the 2018 ballot.
In 2015, we helped gather more than 157,000 signatures from Massachusetts voters in support of the Fair Share Amendment. In 2016, the Fair Share Ammendment won the first of two votes by the full state Legislature that we need to place the Amendment on the ballot. To pass the Fair Share Amendment, we must win another vote in the state legislature on June 14, 2017 and then win a vote of the people on the 2018 ballot. To achieve these goals, the campaign is building a broad coalition that brings together leading transportation and education organizations with business leaders and community, labor and faith organizations, along with local leaders and activists who understand the need to invest in our schools and transportation infrastructure.
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