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Jun 17, 2023
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Jun 17, 2023
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The Massachusetts Taxpayers Foundation report said U.S. Census Bureau data shows Suffolk and Middlesex County residents left at the highest rates. And 2021 tax returns for 2020 showed residents aged 26 to 35 were the largest group leaving, according to the foundation.
Analysts can have discussions…
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May 30, 2023
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May 30, 2023
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Massachusetts is hemorrhaging people. In fact, it’s seeing the highest outmigration numbers in the last 30 years, according to a new report from the Massachusetts Taxpayers Foundation. A net 110,000 people moved out of the Bay State over roughly the first two years of the pandemic within the United…
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May 24, 2023
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May 24, 2023
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Driving the news: The report from the Massachusetts Taxpayers Foundation found that a long-term decline in births and an aging population is also shrinking the Massachusetts workforce.
Plus, remote workers don't want to live in such a high-cost area if they don't have to.
And when commuters do…
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May 24, 2023
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May 24, 2023
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The Massachusetts Taxpayers Foundation found that more than 110,900 people left the state between April 2020 and July 2022. And some of the trends pushing residents out of Massachusetts might sound all too familiar to those still here.
“We’re seeing the future of our workforce, people aged 26 to…
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May 24, 2023
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May 24, 2023
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2021 tax returns showed nearly 38,000 Massachusetts residents between the age of 26 and 35 moved out of the state in 2020.
"You expect to see 26- to 35-year-olds move in and out a lot," said Massachusetts Taxpayers Foundation President Doug Howgate. "But the fact that it's the biggest loss sector…
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May 23, 2023
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May 23, 2023
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Massachusetts had the lowest rental vacancy rate in the U.S. in 2022 and the second-highest median rents, Boston features the second-highest traffic delay times in the nation, and the state recently posted its highest outmigration numbers in 30 years, according to the Massachusetts Taxpayers…
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May 22, 2023
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May 22, 2023
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But I like its latest report — a package of charts — because it highlights the full range of challenges facing the state. Here are some of the data points I found noteworthy.
On housing costs:
Massachusetts had the lowest apartment vacancy rate in the country at 2.8 percent in 2022.
Boston had…
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May 22, 2023
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May 22, 2023
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Who’s LeavingU.S. Census: Suffolk and Middlesex residents, the two most expensive countiesIRS: Tax filers aged 26 to 35 dominate outflow; impairs talent pipelineWhy They’re LeavingCost and quality of living worsening; housing prices climb even faster in 2023MBTA is unreliable, roadways are among…
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Jan 27, 2023
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Jan 27, 2023
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Doug Howgate, president of the Massachusetts Taxpayers Foundation, said Thursday that several implementation questions left unresolved by the ballot question “must be answered soon or the state will exacerbate negative behavioral impacts of the surtax,” including tax avoidance and taxpayers moving…
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Jan 26, 2023
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Jan 26, 2023
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Last summer, a report from the Massachusetts Taxpayers Foundation suggested high costs and taxes were helping drive tens of thousands of taxpayers out of the state every year. Between 2010 and 2019, about 800,000 tax filers with a combined $65 billion in adjusted gross income, left Massachusetts,…
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