Taxachusetts
From Wikipedia, the free encyclopedia
Taxachusetts was a term referring to the state of Massachusetts primarily during the 1980s to reflect its high taxation rate as compared with the rest of the nation. The increased taxes were primarily blamed on the ruling Democrats at the time. However, in subsequent years, Massachusetts managed to pass several tax cutting legislation that has made the term Taxachusetts obsolete.
According to Tax Policy Center and the Tax Foundation, Massachusetts has a combined state and local rate of around 5.6%, ranking it the 34th highest out of the 50 states.
