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When it comes to addressing inflation, lawmakers here in Massachusetts have an important role to play: they need to adapt.

Researchers at Tufts Center for State Policy Analysis reported the surtax would likely only apply to about 0.6% of Massachusetts households in any given year.

Evan Horowitz, the executive director of The Center for State Policy Analysis at Tufts University, said the exemption was a “reasonable” move since much of the concern over the tax focused on its impacts on retired homeowners.

the new tax is estimated to bring in about $1.23 billion and as much as $2 billion, according to a report from the Center for State Policy Analysis at Tufts University.

“There was really no suspense in the governor’s race,” Horowitz said. “An upset would have been somewhere between shocking and unfathomable.”

A January study published by The Center for State Policy Analysis at Tufts University found that the revenue from the amendment would bring in the state an additional $1.3 billion in 2023.

The tax is expected to affect roughly 0.6% of Massachusetts households, according to an analysis from the Center for State Policy Analysis at Tufts University.

An independent study conducted by the Center for State Policy Analysis at Tufts University suggested that greater transparency will enable "better regulation and more deliberate policy adjustments moving forward."

It's expected the levy will affect roughly 0.6% of Massachusetts households, according to an analysis from the Center for State Policy Analysis at Tufts University.