The Massachusetts Taxpayers Foundation, a state watchdog group, issued a revised report this week projecting the state could collect $6 billion less in tax revenues in fiscal 2021 because of the coronavirus pandemic. MTF President Eileen McAnneny projected in April that the state would collect $4.4 billion less in tax revenues next fiscal year.
May 21, 2020
FY 2021
Timeline for Massachusetts budget proposals hinges on outcome of coronavirus aid package, House Speaker Robert DeLeo says
The Massachusetts Taxpayers Foundation, a state watchdog group, issued a revised report this week projecting the state could collect $6 billion less in tax revenues in fiscal 2021 because of the coronavirus pandemic. MTF President Eileen McAnneny projected in April that the state would collect $4.4 billion less in tax revenues next fiscal year.