Recently, Governor Charlie Baker celebrated the decline of Massachusetts income tax to 5%. Twenty years ago, Massachusetts taxed income at 5.95%. Through ballot initiative and legislative compromises, over time it dropped to the current rate. Unfortunately, neither the final reduction, nor the total decrease, will make Massachusetts fairer or stronger. Rather, the reduction of the fairest statewide tax benefits the top 1% of earners and makes it that much harder for the rest to prosper. The reduction in the income tax hampers our ability to make investments needed to reduce inequality, combat climate change and revitalize economies outside of Greater Boston. It might look like good politics, but it’s bad policy and all of Massachusetts is weaker for it.