The State Income Tax Repeal is also known as Massachusetts Question 1. It is an initiated state statute that will appear on the November 4, 2008 ballot in Massachusetts.
If the measure passes, it will end the stateapos;s current 5.3 income tax on wages, interest, dividends and capital gains. If that happens, Massachusetts will join Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming in not taxing income. Two other states, New Hampshire and Tennessee, have an income tax only on interest and dividends.
Let me break it down for you.
YES = Average of $3600/year that goes into your bank account to spend as you choose.
No = You lose $3600/year down the toilet.
Uhhhh..... Duh. I hope you all make the right decision on November 4th. If however you are retarded, I want you to send me a $3600 check since you clearly donapos;t want it and I do. Iapos;m dead serious. You can pay on a month to month basis.
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