“MTF’s mission is about fiscal stability for the Commonwealth and positioning Massachusetts for long-term economic growth and opportunity for all,” said Eileen McAnneny, President of the Massachusetts Taxpayers Foundation. “The Baker Administration’s tax package achieves both and that it is why it…

Massachusetts Taxpayers Foundation president Eileen McAnneny said the state’s large rainy day fund, combined with soaring tax revenues and federal revenues make this an “appropriate time to provide the people of Massachusetts with much needed tax relief, particularly against the backdrop of…

This MTF policy call will provide a comprehensive overview of the FY 2023 House Ways & Means budget proposal. We will look at new spending and policy initiatives to be considered by the House, assess the status of Governor Baker’s tax relief proposal, and consider how the bill fits into the…

The next stage in the fiscal year (FY) 2023 budget begins today with the release of the House Ways and Means (HWM) committee’s budget proposal. Like Governor Baker’s proposal released in January, the HWM budget makes historic investments in K-12 education, while continuing to build the…

“I think that the proposal is balanced. It provides a lot of help to folks at the lower end of the income spectrum that have been most impacted by the pandemic,” Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said during an appearance with John Keller on WBZ Sunday. …

That should change, though, according to the Massachusetts Taxpayers Foundation, which issued a brief Thursday in support of Gov. Charlie Baker’s proposal to alter the estate tax. “Massachusetts should change its estate state because we currently have the highest tax burden of any state in the…

Massachusetts is one of just twelve states that applies an estate tax to the assets of deceased residents. Even among the dozen states with an estate tax, the Massachusetts version stands out due to its low threshold ($1 million) and its application to the entire value of the estate, creating a “…

“I think there will be significant economic consequences,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, in an interview. McAnneny and the foundation have been vocal opponents of the amendment, arguing there’s no guarantee the tax revenue will actually fund…

“I think there will be significant economic consequences,” Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said in an interview. McAnneny and the foundation have been vocal opponents of the amendment, specifically arguing that there’s no guarantee the tax revenue will…

Governor Baker has put forward a $2.4 billion supplemental budget that uses $1.6 billion of the state’s fiscal year (FY) 2022 anticipated revenue surplus and several federal revenue sources to maintain and expand several COVID-19 related programs, cover ongoing public costs and increase funding for…