WHEN MASSACHUSETTS voters passed the millionaire tax in 2022, there was an expectation that the funds generated by the 4 percent surtax on income over $1 million would help solve the problems in the state’s transportation sector, particularly with the struggling MBTA system facing an operating deficit.
But Gov. Maura Healey’s transportation chief, Monica Tibbits-Nutt, said that while the millionaire tax has “performed much better” than expected ($1.2 billion above the budget target in the last fiscal year), it won’t be enough to solve the state’s transportation woes.
“We don’t have enough people in the Commonwealth for that to fix this problem,” she said in a talk with business leaders on Wednesday. “The scale is just not there.”…