This Medford Business Has Endorsed The Millionaires Tax

MEDFORD, MA — The ‘Fair Share for Massachusetts’ campaign announced Wednesday that a Medford business has endorsed Question 1, the proposed ‘Fair Share Amendment’ that would tax incomes above $1 million and use the funding to improve transportation and public education.

Hair Passion Salon announced their support for Question 1 on the November ballot. The Medford City Council and School Committee also endorsed a yes vote earlier this month.

If passed, the amendment would create a 4 percent tax on the portion of a person’s annual income above $1 million and constitutionally dedicate the funds to be spent on transportation and public education.

The Yes on Question 1 campaign has been endorsed by 87 labor unions, 72 community organizing groups, 18 faith-based groups, more than 100 businesses, 64 city councils, select boards, and school committees, 89 local Democratic town and ward committees, and 115 other social service and not-for-profit organizations focused on housing, education, transportation, public health, and the environment.

A full list of local businesses supporting Question 1 can be found here.