Displaying 261–270 of 433
Jul 22, 2021
BUDGET & TAXES > Taxes
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, is urging lawmakers to consider doing the same. “Right now the burden of replenishing the fund falls solely on businesses when the cost really should be born more broadly,” she...
BUDGET & TAXES > Taxes
Jul 20, 2021
BUDGET & TAXES > Budget > FY 2022
Experts who testified suggested there may be room for both approaches. Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, suggested, similar to Baker, that lawmakers use some money now to ramp up existing programs and jumpstart the...
BUDGET & TAXES > Budget > FY 2022
Jul 20, 2021
BUDGET & TAXES > Budget > FY 2022
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state needs to spend some relief funds to maintain its economic recovery but it should also squirrel away money for "unforeseen circumstances." ...
BUDGET & TAXES > Budget > FY 2022
Jul 20, 2021
BUDGET & TAXES > Budget > FY 2022
"We have until 2026 to actually spend it and we should take the time necessary to develop a forward-looking, comprehensive plan that considers other resources available and how best to leverage them for the maximum impact,” Eileen McAnneny of the...
BUDGET & TAXES > Budget > FY 2022
Jul 12, 2021
BUDGET & TAXES > Budget > FY 2022
Doug Howgate, executive vice president at the Massachusetts Taxpayers Foundation, said that many business owners would gladly accept the tradeoff inherent in the Legislature’s approved budget, given that they still stand to save a substantial amount...
BUDGET & TAXES > Budget > FY 2022
Jul 12, 2021
BUDGET & TAXES > Budget > FY 2022
"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. ...
BUDGET & TAXES > Budget > FY 2022
Jul 09, 2021
BUDGET & TAXES > Budget > FY 2022
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...
BUDGET & TAXES > Budget > FY 2022
Jul 08, 2021
BUDGET & TAXES > Budget > FY 2022
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. ...
BUDGET & TAXES > Budget > FY 2022
Jul 06, 2021
BUDGET & TAXES > Budget > FY 2022
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...
BUDGET & TAXES > Budget > FY 2022
Jun 28, 2021
BUDGET & TAXES > Budget > FY 2021
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...
BUDGET & TAXES > Budget > FY 2021