Tax revenues will grow by $1.1 billion, or 4.7 percent, to $24.37 billion in fiscal 2015, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts Taxpayers Foundation. “Despite an improving economic picture, the 2015 budget will challenge lawmakers once again,” Widmer said.
December 11, 2013
FY 2014
MTF Forecast: Modest Growth in Tax Revenues in 2014 and 2015
Tax revenues will grow by $1.1 billion, or 4.7 percent, to $24.37 billion in fiscal 2015, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts Taxpayers Foundation. “Despite an improving economic picture, the 2015 budget will challenge lawmakers once again,” Widmer said.
