Massachusetts Tax Policy & Rates 2026

Income tax, sales tax, property tax, and overall tax burden for Massachusetts in 2026, with political context.

No
No Income Tax
5% standard; 9% over $1M (Millionaires Tax)
Income Tax Rate
#16
Tax Burden Rank (1=highest)
#25
Property Tax Rank (1=highest)

Tax Policy Overview

Massachusetts voters passed the Millionaires Tax in 2022, adding a 4% surtax on income over $1 million for education and transportation. The effective income tax is 5% for most earners but 9% for high earners. Massachusetts has above-average overall tax burden.

Key Tax Rates

Tax TypeRate / Status
Income Tax5% standard; 9% over $1M (Millionaires Tax)
No Income TaxNo
Sales Tax6.25%
No Sales TaxNo
Corporate Tax8.0%
Property Tax Rank#25 nationally (1=highest)
Overall Tax Burden Rank#16 nationally (1=highest)

Political Context

The Millionaires Tax passed 52-48% in 2022, generating hundreds of millions for education and transportation. Business groups predicted wealthy exodus; early data shows mixed results. This voter-initiated approach to progressive taxation is a national model for progressive advocates.

Related Massachusetts Pages

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