The constitutional amendment imposes an additional 4% state income tax on that portion of annual taxable income in excess of $1 million. Subscribe to WCVB on YouTube now for more: http://bit.ly/1e8lAMZ Get more Boston news: http://www.wcvb.com Like us: https://www.facebook.com/wcvb5 Follow us: https://twitter.com/WCVB Instagram: https://www.instagram.com/wcvb5/