July 07, 2008

This Could Be Problematic

SO THE CITIZENS of Massachusetts -- well, at least some of them, anyway -- have somehow managed to get a referendum question on this fall's ballot that would ... wait for it ... abolish the state's income tax. Yes, that's right. No state income tax. In Massachusetts.

As a resident of New Hampshire, I don't know what to think about this. New Hampshire has mastered undercutting the tax regimes of our neighboring states, which not only boosts our economy but also our Government's coffers. If the Bay State gets rid of its income tax, what will that mean for us?

It's kind of like when Stimpy is set at guarding the History Eraser Button: if he hits it, nobody knows what will happen. It could be good -- if Bay Staters have more money to spend in our tax-free stores. It could be bad -- if suddenly more people decide living in Massachusetts isn't so bad after all. But nobody knows because nobody has pushed the button.

Yet.

Posted by Benjamin Kepple at July 7, 2008 06:03 PM | TrackBack
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