Massachusetts risks $1 billion in lost tax revenue after rich man flees

Massachusetts risks $1 billion in lost tax revenue after rich man flees

(Bloomberg) — Massachusetts will lose almost $1 billion in annual revenue by 2030 as high taxes and housing costs push wealthy residents to move elsewhere. Most Read by Bloomberg Migration from Massachusetts to other US states accelerated during the pandemic as the rise of telecommuting made it more feasible to live further from the office. … Read more