Displaying 101–110 of 412
Jan 24, 2023
PUBLIC FINANCE > Taxes > Income Tax
Doug Howgate, the president of the Massachusetts Taxpayers Foundation, said he projects that fiscal year 2024 state revenues will come in at $40.06 billion, an increase of $366 million or about 1 percent over fiscal 2023. “There are numerous cross...
PUBLIC FINANCE > Taxes > Income Tax
Jan 24, 2023
PUBLIC FINANCE > Taxes > Income Tax
Doug Howgate, president of the Massachusetts Taxpayers Foundation, stopped short of offering a surtax revenue projection in his testimony, citing a lack of information so far and the inherent volatility of the metric. The full impact of the surtax...
PUBLIC FINANCE > Taxes > Income Tax
Jan 24, 2023
PUBLIC FINANCE > Taxes > Income Tax
Doug Howgate, president of the business-backed Massachusetts Taxpayers Foundation, urged lawmakers on Tuesday to not use any of the revenue the tax generates this year, and to cap how much it dips into next year at $500 million while the state gains...
PUBLIC FINANCE > Taxes > Income Tax
Jan 24, 2023
PUBLIC FINANCE > Taxes > Income Tax
A proposal outlined by the Massachusetts Taxpayers Foundation at the hearing called for splitting the money from the surtax equally between two trust funds, one for education and one for transportation. The foundation recommended not touching any...
PUBLIC FINANCE > Taxes > Income Tax
Jan 24, 2023
PUBLIC FINANCE > Taxes > Income Tax
Massachusetts Taxpayers Foundation President Doug Howgate described the dynamic in his written testimony by noting the “headwinds are unnerving and plentiful,” including the potential for a global recession, the war between Russia and Ukraine,...
PUBLIC FINANCE > Taxes > Income Tax
Jan 24, 2023
PUBLIC FINANCE > Taxes > Income Tax
Evan Horowitz, executive director of Tufts University’s Center for State Policy Analysis, and Doug Howgate, president of the Massachusetts Taxpayers Foundation, urged lawmakers to spend a specific amount of the surtax revenue annually (Horowitz...
PUBLIC FINANCE > Taxes > Income Tax
Jan 21, 2023
ECONOMY
Yet, even with this solid foundation, there are warning signs we must heed. According to a recent report from the Massachusetts Taxpayers Foundation, Massachusetts lost 46,000 residents in 2021, the 4th greatest state population loss in the...
ECONOMY
Jan 16, 2023
EDUCATION
The state of Massachusetts invested a record $1.3 billion in child care in fiscal year 2023, but 16,000 children are still on the wait list for subsidized care, according to a new Massachusetts Taxpayer Foundation report. Inadequate access to...
EDUCATION
Jan 11, 2023
EDUCATION
Massachusetts isn't helping as many low-income families access childcare as it could or should, according to a new report from the Massachusetts Taxpayers Foundation. The report says more than 16,000 children are on a waiting list for a state...
EDUCATION
Jan 11, 2023
EDUCATION
The Massachusetts childcare subsidy program is complicated, inefficient and fails the families who need it most, according to a new analysis released Wednesday by the Massachusetts Taxpayers Foundation. The subsidy program provides vouchers for low...
EDUCATION