Patrick Johnson | MassLive
Apr 5, 2022
The City Council has unanimously endorsed the Fair Share Amendment, a referendum on the November ballot
SPRINGFIELD — The City Council has unanimously endorsed the Fair Share Amendment, a referendum on the November ballot that seeks to raise money for public education and transportation by taxing millionaires and billionaires across the state.
Councilors on Monday voted in favor of a resolution proposed by Councilor Jesse Lederman to endorse the referendum, which if approved by Massachusetts voters in November, would levy a tax of 4 percent on any income beyond $1 million. The estimated $2 billion annually would be used to supplement spending on public education, public colleges, and transportation issues across the state.