Given the recent economic downturn, state tax revenue growth will slow markedly in fiscal 2001 and 2002, according to a forecast presented by MTF to members of the House and Senate Ways and Means Committees at their annual revenue hearing.

In its annual report on state spending, MTF reports that with tax collections weakening precipitously, achieving a balanced state budget for fiscal 2002 is likely to be the most difficult financial challenge in a decade. The report highlights three major trends which are converging to dramatically…

Presentation to the Mass Insight Leadership Conference on the challenges of financing the Commonwealth's capital needs. Provides an overview of the state's capital problem and reviews alternatives for financing additional investments.

MTF strongly endorses the Central Artery and capital finance plan released by legislative leaders today, which includes the best elements of proposals by the House, Senate and administration, and is based on the fundamental principles suggested by the Foundation.

MTF unveils a plan to cut the income tax rate to 5 percent in gradual steps tied to growth in the state's economy, an alternative to the Governor's ballot proposal to reduce the rate over three years. The Foundation also announced its opposition to the initiative petition to provide a dollar-for-…

In its annual analysis of state spending, MTF reports that soaring expectations are creating a demand for a combination of major spending increases and large tax cuts that cannot be sustained in the long term. The report recognizes the Legislature and administration for the important steps adopted…

This in-depth analysis of the Commonwealth's capital finances finds that the growing pressure on the capital budget has reached a crisis stage. The report warns that unless Massachusetts takes a series of steps to direct more of the state's resources to meeting its capital needs, the state will…

Despite the state's progress in reducing the overall burden of property taxes in the years since Proposition 2½ was adopted, Massachusetts businesses continue to pay a disproportionate share of the local property tax bill, according to this in-depth analysis. The report estimates that communities…

This study, one of a series comparing the Commonwealth's taxes and business costs with other states, finds that Massachusetts ranks higher than the national average for personal income and corporate income taxes, and lower than average for sales and excise taxes. The overall burden of state and…