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The State Income Tax Repeal, also known as Massachusetts Question 1, was one of the 2008 ballot measures that appeared on the November 4, 2008 ballot in the U.S. state of Massachusetts.〔(''Berkshire Eagle:'' "Income tax repeal gets 1st ballot slot," July 11, 2008 )〕 Voters were asked whether or not they approved of the proposed measure which, if it had passed, would have ended the 5.3% income tax in Massachusetts on wages, interest, dividends and capital gains. Ultimately, Massachusetts voters defeated Question 1 by a wide margin, with approximately 70% opposed versus 30% in favor. ==Specific provisions== This proposed law would have had the following features: * Reduction of the state personal income tax rate to 2.65% for all categories of taxable income for the tax year beginning on or after January 1, 2009. * Elimination of the tax for all tax years beginning on or after January 1, 2010. * The personal income tax to which the initiative would have applied would have been the 'income received or gain realized by individuals and married couples, by estates of deceased persons, by certain trustees and other fiduciaries, by persons who are partners in and receive income from partnerships, by corporate trusts, and by persons who receive income as shareholders of “S corporations” as defined under federal tax law.' * The proposed law would not have affected the tax due on income or gain realized in a tax year beginning before January 1, 2009. * The proposed law states that if any of its parts were declared invalid, the other parts would stay in effect. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Massachusetts State Income Tax Repeal Initiative」の詳細全文を読む スポンサード リンク
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