Is the millionaires tax driving wealthy residents from Mass.? There’s new data, but still no clear answer.
The "Taxachusetts" label is back, but as Susan Strate highlights, the story is about more than just taxes—it’s about housing, remote work, and where the next generation wants to build their lives.
From the article and the institute's Susan Strate:
“You’ve got this large population hitting retirement age. They are the ones holding the income. And if they are continuing to move to Florida at the same rate that they always have, you’re going to see an increase in the [adjusted gross income] leaving the state,” she said.
March 20, 2026
