Boston chamber calls Ballot Question 1 surtax ‘unnecessary financial hit’
The Greater Boston Chamber of Commerce is stepping up its public opposition to the
proposed 4% surtax on income exceeding $1 million, telling the Business Journal the
move poses a substantial threat to struggling small-business owners across the state.
The chamber, which counts more than 1,200 businesses as members, has already come
out against the proposed tax in Ballot Question 1, which asks voters whether they want to
change the constitution to bump the 5% tax rate to 9% on all earnings over $1 million.