Fair Share Amendment
A once-in-a-generation opportunity for the Commonwealth to sustainably fund improvements to our education and transportation systems.
What is the Fair Share Amendment? What does it do?
The Fair Share Amendment is a change to the Massachusetts state constitution, passed by voters in 2022, that will generate about $2 billion in yearly support for transportation and public education. The revenue comes from an additional tax on households with very high incomes—that’s why it’s also known as a “millionaire’s tax.”
Here’s what these dollars will support:
- Improvements to our schools, colleges, universities, early education, vocational training, and adult education
- Better roads, bridges, trains, buses, ferries, and infrastructure for biking and pedestrians
- An important step towards tax justice and racial equity
Voters decided YES on the Fair Share Amendment on the November 2022 ballot.
Why is Fair Share so important?
Make childcare accessible and affordable for those who need it
Repair and sustain our state’s network of roads and bridges
Give us top-notch public schools with great educators and more supplies
Modernize our rail and bus systems for convenience and affordability
Ensure our public college students graduate without crushing debt
What does the amendment actually say?
The following text is the exact language that the amendment adds to the state constitution. Hover over the highlighted text to see further detail on what it means and why it matters.
How Can You Get Involved?
Say YES to Solving Regional and Statewide Transportation Challenges
Say YES to Affordable and Accessible Early Education
Say YES to Fully Funding Our K-12 Public Schools
Say YES to Addressing the Student Debt Crisis
- The Fair Share Millionaire Tax and Home Sales: What 2021 Data Shows
- Fair Share Would Increase Total Tax Rates Only Modestly for Most with Incomes Over $1 Million
- The Myth of the One-Year Middle Class Millionaire
- Very Few Small Businesses Sell for More Than $1 Million; Even Fewer Would be Subject to Fair Share
- Even Among Retirees with High Wealth, Few Will Pay the Fair Share Tax
- What Has Happened in Other States with High Tax Rates on Million-Dollar Incomes?
- Where Might Home Sales Be Subject to the Fair Share Amendment? A Local Breakdown
- Most Home Sales Will Not Likely Lead to Fair Share Tax Payments
- Average Income in Massachusetts for Every Occupation Is Below $1 Million
- Massachusetts’ Taxes Are About Average
- Other States Have Similar or Higher Tax Rates on Extremely High Incomes
- Millionaire Migration is a Myth
- Low and Middle Earners Pay a Larger Share of Their Income in Taxes
- “Millionaire Tax” Would Make Massachusetts Tax System Fairer
- Best Research Underscores Value of Fair Share Amendment for Massachusetts Residents
- Fair Share Tax on Incomes Over $1 Million Would Generate at Least $2 Billion a Year
- A Millionaire’s Tax is Necessary to Advance Critical Education Investments
- Greater Transportation Funding Can Improve the Economy, Equity, and Environment
- A “Millionaire Tax” Would Advance Racial Justice in Massachusetts
- Federal Aid Isn’t a Substitute for More Revenue
- The Fair Share Amendment Would Help Small Businesses
- Building a Strong Economy: The Roles of Education, Transportation, and Tax Policy
- The Cost of Universal, Affordable, High-Quality Early Care & Education Across Massachusetts
- Choosing Equity: Options for Affordable Public Higher Education in Massachusetts
- The Dollars & Sense of Free Buses
- Why the Gas Tax Can’t Do It Alone
- 104 Massachusetts Economists Letter Supporting Fair Share
- Cristobal Young – The Truth About Millionaries and Taxes
- Cristobal Young – Eight Brief Responses about Millionaire Migration
- Michael Mazerov – State “Income Migration” Claims Are Deeply Flawed
- Michael Mazerov – State Taxes Have a Negligible Impact on Americans’ Interstate Moves
- Michael Mazerov – Millionaire Tax Flight Myth Debunked — Again