Letter: Support The Fair Share Amendment

This letter appeared previously in the Daily Hampshire Gazette.

Times are tough, but not everyone is equally affected. The Massachusetts economy works great for those at the top, but that prosperity doesn’t reach everyone. 

Why is our economy so unfair that the income of our country’s top 10% is nine times greater than the bottom 90%? Income disparities across the country are extreme and Massachusetts is no exception. It’s time that Massachusetts invests in the future for all its residents. 

In November, Massachusetts voters have a chance to chip away at this disparity by voting “Yes” on the Fair Share Amendment ballot question, which would add a modest 4% tax on the portion of a person’s annual income over $1 million. The $2 billion raised each year for education and transportation could be used to support chronically underfunded public schools and pre-K programs, and to make our public colleges and universities more affordable. 

In addition, monies could be used to fix our crumbling roads and bridges and build reliable public transportation that supports a green economy. Restructuring our tax policy will not impact 99% of us. 

The Fair Share Amendment will only raise taxes on those who make more than $1 million a year and that translates to about .6% of all households. We all know that the wealthy benefit from the tax system in the United States. Taxing the wealthy will help distribute income more equitably. For years, the highest-income households in Massachusetts have paid a smaller share in state and local taxes than any other income group. They’ve also repeatedly benefited from federal tax cuts. 

As a teacher, I witnessed firsthand how the lack of funding impacts student learning. It’s imperative that we address such issues as poor building conditions, lack of resources for teachers, and poverty wages for educational support staff. This tax will help give schools the resources they need and deserve.

Let’s not miss this opportunity. Please support and vote for The Fair Share Amendment on the ballot in November. It’s about time! 

Rick Last

Rick Last is a resident of Florence