In written testimony, the Massachusetts Taxpayers Foundation asks legislative leaders to postpone a second and final vote on the proposed amendment, which seeks a 4% surtax on the portion of an individual's annual income above $1 million. Eileen McAnneny, the foundation's president, said with…

Legislators will hold a constitutional convention during this 192nd session of the General Court and are likely to vote on whether or not to advance a ballot initiative that amends the Massachusetts Constitution to impose an additional four percentage point tax on annual taxable income in…

This report is the second in a three-part series on the implications of telework for the Commonwealth of Massachusetts. MTF’s initial report provided an overview of the current policy landscape as it pertains to telework. This report will explore how the location of an employee can impact…

This paper will explore the current tax policy landscape for telework and key considerations for policymakers should the increased prevalence of telework prove permanent. This is the first of a three-part series on the policy ramifications of telework. Future reports will look at how telework…

As Massachusetts lawmakers look for ways to close a $3.6 billion tax revenue gap in the FY21 operating budget, there is a simple idea that could help the state receive sales tax payments more quickly and provide about $267 million of additional revenue in the year it is implemented. The proposal is…

Pandemics, presidential elections, and public unrest -- what does it mean for tax policy? Featured guest: Geoffrey Snyder, Commissioner, Massachusetts Department of Revenue Featured speaker: Dr. Larry Sabato - "A Crystal Ball into the 2020 Presidential Election"

This “kitchen cabinet” of senior tax professionals meets quarterly and helps MTF formulate its tax policy priorities. It also shapes the Commonwealth’s tax agenda by providing important feedback and insight on pending tax proposals. An invitation to members will be sent out as the date approaches.

The intent of the emergency regulation, this proposed regulation and the related Technical Information Release is to maintain the tax treatment of income received by employees who previously worked in Massachusetts, but due to pandemic-caused circumstances now work elsewhere, until 90 days from…

The revenue department initially indicated it would collect income taxes in this manner from out-of-state residents until Baker lifted the state of emergency, according to Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation. She said her group suggested to the state…

Budget watchdogs are warning of more pain to come. The Massachusetts Taxpayers Foundation, in a report released last week, projected it could take five years for revenues to exceed prepandemic levels, and that the state could be looking at revenue that’s $6 billion less than what was expected.