Jeanne Whalen
speaker
62 appearances
3 recordings
1 series
first heard Aug 2025
last heard 4 Aug
Jeanne Whalen’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
And that was up from $2.5 billion a year earlier.
So it's providing a substantial chunk of change to Massachusetts.
Well, partly because of the cuts in the One Big Beautiful Bill.
A lot of blue states are saying we need new sources of revenue.
We have wealthy people in our states.
We don't want to punish them for being wealthy, but we need them to pay more.
And
They are actually pretty popular among regular folks, too.
There is rising anger or discontent in the country over wealth inequality, income inequality.
And so these taxes tend to be very popular among voters.
They are not, of course, popular among wealthier people and including small business owners who own restaurants, who maybe are making a good living doing that sort of thing.
So it isn't just hitting tech billionaires.
I have not seen any evidence in data form of whether rich people flee these states.
Economists will say there isn't a ton of evidence over time of people actually in large numbers moving states because of tax changes.
You do hear some wealthy people speaking out against these taxes.
In Washington state, a group of wealthy people
Residents tried to mount a lawsuit against it, saying that it violates the state's constitution.
In Maine, actually, I heard from quite a few wealthy Mainers who said they were supportive of this new income tax, including Stephen King, the author who lives in the state.
He said, if I can afford to send my kids to college and have a nice home and have a
retirement that is comfortable and still have a lot of money left over, why shouldn't I help others?
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