"There's so much up in the air right now," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "This will provide some stability for the state and local governments while they wait for details of a federal aid package."

“Simply stated, COVID-19 is a Cat 5 hurricane hitting global economies simultaneously,” MTF wrote in its analysis. “The initial impacts are staggering -- to people and families, first responders, health care professionals, employers and employees, and the world’s economy. The scale and duration of…

"The COVID-19 pandemic is a public health emergency that is causing a public finance emergency in Massachusetts,"said a new analysis of the state's fiscal outlook by the Massachusetts Taxpayers Foundation published Monday. The analysis found that $3.6 billion of the estimated $30.3 billion the…

The analysis by the center is similar to a report released March 17 by the business-backed Massachusetts Taxpayers Foundation. The foundation analysis estimated a lower revenue falloff — $300 million to $500 million – in the current fiscal year. But it estimated a similar impact — $2 billion to $3…

The margin for error already seemed slim: The business-backed Massachusetts Taxpayers Foundation issued a report on Wednesday highlighting several uncertain aspects of Governor Charlie Baker’s spending plan for the next fiscal year. MTF said Baker’s plans to accelerate sales tax collections ($237…

The analysis by the Massachusetts Taxpayers Foundation suggests that lawmakers may have to consider “tax increases or spending cuts” to balance the state’s $43 billion-plus budget. It would mark a stark reversal from recent years when officials’ primary money problem was jostling over ways to spend…

Wednesday's session did not unfold without tension. Rep. Maria Robinson filed an amendment that would have stripped a section of the bill that decouples Massachusetts from the federal tax code, citing a Massachusetts Taxpayers Foundation analysis that the change could cause the state to forego up…

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, says it’s not really surprising that employers are worrying more about the end to a decade-plus of economic expansion. But there are mixed signals, still: She points to the latest jobs numbers from the Bureau of…

There should be no doubt that late budgets cause problems, though not the problems cited by Moody’s. For example, Moody’s worried that local governments would not receive monthly payments. The Commonwealth’s interim budget legislation is brief (less than 250 words), but it authorizes local aid…

BOSTON (CBS) – Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, joined WBZ-TV political analyst Jon Keller this week on Keller @ Large to discuss the state of tax issues in the state.