The MTF report estimates that the gross state product would increase by $25 billion over five years if Massachusetts were able to close its racial divide in wages, housing, investments and wealth. According to MTF President Eileen McAnneny, much of that increase would come from the greater…

The business-backed Massachusetts Taxpayers Foundation said its 29-page report marks its first exploration of the issue and statistically documents inequities in wealth, income and employment, education, criminal justice, and health care. If Black and Hispanic residents graduated from college at…

This report is MTF’s first foray into the topic of racial disparities. Our interest stems from MTF’s commitment to a Commonwealth for economic opportunity for all. Our approach to this report was to research, compile and analyze as much data as we could from credible sources in five…

If Massachusetts could close the wealth gap in Black and Latino communities, the state could grow its economy by $25 billion over five years, the equivalent of adding up to 100,000 jobs, according to an analysis by the Massachusetts Taxpayers Foundation. The 29-page report, to be released on…

Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation, said he thinks the state is right to take a careful approach with its federal aid and that it’s important legislators consider how the American Rescue Plan’s additional funding, such as for education and child care,…

The job loss related to COVID-19 has placed an unprecedented strain on our economy and our unemployment insurance (UI) system. The strain on the UI system creates two major policy challenges that require near-term action. First, unemployment taxes on employers are scheduled to skyrocket at the end…

“There’s absolutely a concern,” says Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, which published a recent report on the impact of telework on Massachusetts. “People have more choices than they did before the pandemic.”

The rise in the number of people suddenly seeking unemployment is expected to add to the per-employee cost of unemployment insurance. This insurance is paid by employers — at a rate that's already among the highest in the nation — and it could go up by 60% next year, according to the…

Even then, the Massachusetts Taxpayers Foundation projected the state’s tax collections in fiscal year 2021 could fall $6 billion short of earlier estimates.

On April 28, Governor Baker announced the formation of a 19-member Advisory Board to determine the best ways to open the economy. Chaired by Lt. Governor Polito and Secretary of Housing and Economic Development Michael Kennealy, along with representatives from businesses, public health and…