The Insider reports:
Students in Massachusetts will get free lunch and breakfast at school thanks to a new 4% tax put on people who earn more than $1 million. Massachusetts voters passed a constitutional amendment that went into effect at the beginning of 2023 to put an additional 4% state income tax on people who make more than $1 million per year.
Massachusetts Gov. Maura Healey signed the budget on Wednesday, making Massachusetts the eighth state to adopt a free school lunch plan since federal free school lunches which started during the COVID-19 pandemic ended. State lawmakers agreed to put $523 million of revenue from the new tax toward education and put $477 million aside for transportation.
Read the full article.
Nice work Massachusetts! They passed a 4% millionaire’s tax last year. Now every public school student is going to get free lunch. https://t.co/n6YBrvGmni via @businessinsider
— JerryRigEverything (@ZacksJerryRig) August 14, 2023
