While QCAN normally focuses on local climate action and does not endorse political candidates, we were moved to officially put our support behind the Fair Share Amendment that will be on the ballot as Question #1 in the upcoming Massachusetts election. That’s because, if this amendment passes, it will create money to help support our public transportation system and electrify our city buses. And if more people utilized public transportation – if our transit system was better funded and more reliable so more people could and would use it more often – there would be fewer cars on the road, less fossil fuels burning, less air pollution from combustion engines. Good for the environment, good for slowing down climate change, good for our overall health.
So what is the Fair Share Amendment, exactly?
The Fair Share Amendment “would create a 4% tax on the portion of a person’s annual income above $1 million and require – in the state constitution – that the funds be spent only on transportation and public education.” This would generate an estimated $2 billion in additional revenue each year to invest in better public schools and universities, safer bridges, and more reliable public transportation. To ensure that this additional tax continues to apply only to the commonwealth’s highest-income taxpayers, the $1 millon income threshold will be adjusted annually to reflect any increases in the cost of living.
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