Ma has had the wealth tax for a couple years now, an extra 4% over one million earned. It hasn't made more millionaires move out of the state, it has attracted more wealth.
But Ma is losing middle class residents because of the cost of housing and childcare. The average home in Ma now is over 850K and the average yearly childcare is over 35K.
People are making a lot of money in Ma but are still finding it difficult to afford rent and save to buy a home. And Ma has some of the highest childcare in the country. We still have a healthy real estate market with low inventory and high prices.
I know NH residents hate Ma people but as a 72 year old blue collar worker, I don't think I would have what I have today if I lived my whole life in NH.
I love NH as I love all of New England, wouldn't live anywhere else.
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