"Achieving a balance well in excess of $5 billion is a critical goal for the Commonwealth as we build our economic recovery and prepare for future challenges," the Massachusetts Taxpayers Foundation wrote in a report about the budget redraft. ...

The tax revenue upgrade allowed budget writers to eliminate the proposed use of one-time revenues, including a plan to tap the state's "rainy day'' or stabilization fund to balance the budget. Despite the surge in tax revenues, the budget doesn't add...

The Massachusetts Taxpayers Foundation recommended last week that tax revenue estimates be upgraded by a minimum of $3.8 billion, and the big question is how negotiators will choose to allocate those unanticipated revenues. ...

Doug Howgate, executive vice president of the business-backed Massachusetts Taxpayers Foundation, said the magnitude of the federal response is unprecedented and requires the balancing of speed and strategy to create long-term benefits with one-time...

The Massachusetts Taxpayers Foundation, a business-backed research institute, predicted that the state would end the fiscal year in less than three days with a sizable surplus that would allow lawmakers to cover additional spending and deposit money...

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, said she wasn’t surprised that the Supreme Court decided to stay out of the case, especially since the Baker administration eventually set an end date for the...

But this year the Bay State is expected to end the fiscal year with a tax revenue surplus of more than $3 million. The Massachusetts Taxpayers Foundation, a fiscal watchdog group, says the state has so far collected $3.95 billion more than it...

Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, wasn’t enthusiastic about the governor’s two-month sales tax holiday. She thought the money could be better spent on job training or replenishing the unemployment insurance...

The Massachusetts Taxpayers Foundation, a highly respected and nonpartisan think tank, released a report last month showing racial disparities in every facet of life. By many measures, these disparities are greater in Massachusetts than they are...

Tackling the racial wealth gap is a top priority for the Black Economic Council, which is located in one of the most inequitable cities in the country. According to a 2021 report by the Massachusetts Taxpayers Foundation, the median net worth of...