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Publication
Governor Baker released a spending plan that totals $47.5 billion which includes both pre-budget transfers and line-item appropriations for fiscal year (FY) 2020. The proposal is noteworthy for the inclusion of several policy initiatives along with...
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Massachusetts Taxpayers Foundation President Eileen McAnneny today reacted to the preliminary tax revenue totals announced yesterday by the Massachusetts Department of Revenue, which fell short of the year-to-date tax benchmarks by $403 million.
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Massachusetts cities and towns are on pace to exceed by far the initial estimate of $100 million in first-year savings under the new municipal health care reform law, according to data compiled by the Massachusetts Taxpayers Foundation.
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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...
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MTF recommends that the state raise at least $2.5 billion in additional funding to support the Central Artery project's cost overruns while also ensuring a balanced statewide transportation program.
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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.
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Legislative Testimony: MTF testimony in opposition to legislation that would weaken the competitive position of Massachusetts employers by undoing the successful reforms of the workers' compensation system enacted in 1991. By increasing benefit...
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After plummeting more than $1.8 billion in fiscal 2002, state tax revenues will remain flat in 2003 as gains from a projected mild recovery are offset by the impact of prior tax cuts, according to a forecast presented by MTF to members of the House...
Publication
The Governor's reliance on more than $2 billion of one-time funds in his $31.7 billion fiscal 2011 budget will require major budget cuts in 2012. According to the Foundation's analysis, even if revenues grow by $1 billion in 2012, the state would...