The Massachusetts Fiscal Alliance issued the following statement following the release of a report from the nonpartisan, nonprofit Tax Foundation outlining the consequences of passing the proposed income surtax hike amendment.

Following news reports indicating that both sides in the fight over the proposed 80% income surtax hike ballot question have now taken to the airwaves, the Massachusetts Fiscal Alliance issued the following statement weighing in. 

The Massachusetts Department of Revenue released their numbers, which was required by September 1, which will be used to determine the full credit amount to be returned to Massachusetts taxpayers through Chapter 62F.