Massachusetts Taxpayers Foundation President Eileen McAnneny said it’s “good news” the state won’t have to dip into the stabilization fund.

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…

As Bay State officials stare at a $6 billion structural deficit amid plummeting tax revenue, adding this program would be quite difficult, said Eileen McAnneny of the Massachusetts Taxpayers Foundation. “The state would be hard-pressed to find that money,” she said, noting the numerous…

In May, the Massachusetts Taxpayers Foundation, a nonprofit think tank, said that state tax revenues in the current fiscal year were expected to be $6 billion less than anticipated. In July, the U.S. Department of Labor reported a 10.2% unemployment rate; the unemployment rate…

Withholding taxes – tax payments automatically deducted from paychecks and unemployment insurance benefits and paid directly to the government – were $80 million above year-ago levels. Baker said the regular unemployment insurance benefit plus the extra $600 payment from the federal government kept…

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the July numbers were perplexing. She said it was hard to understand how tax withholding – the amount withheld from worker paychecks and paid directly to the government in taxes – could be up $80 million compared to July…

In Massachusetts, which has the highest unemployment rate in the country at 17.4 percent, the pool of money that funds unemployment benefits has already gone into the red by more than $350 million, said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. The state is…

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…

"There's really no money for projects," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "The Legislature is facing a what we've estimated to be a $6 billion shortfall, and they will be forced to make drastic cuts to existing programs if federal assistance doesn't come…