In The News: Public Finance

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EDITORIAL: No need to lose Fair Share of Mass. business growth

Oct 7 2017

Sentinel & Enterprise

Don't worry about the rich. They can move or remain in Massachusetts no matter the tax burden. It's the businesses that won't expand or take root at all - and all the jobs they would create -- that should be our main concern if the added tax on those high earners becomes law.
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Business Groups Sue To Block 'Millionaires Tax' From Massachusetts Ballot

Oct 4 2017

By Paul Tuthill, WAMC

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the ballot initiative, which would amend the state constitution, is a bad idea. " The mission of the Mass Taxpayers Foundation is to promote the long term economic well-being of the Commonwealth, and we feel this ballot initiative has negative long term implications for the way we budget, so we challenged whether or not it is valid," McAnneny explained.
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‘Millionaire’s Tax’ ballot petition faces legal challenge

Oct 4 2017

By Elisa Machado, 22WWLP

Eileen McAnneny, President of the Massachusetts Taxpayers Foundation, told 22News, “We’re concerned that the question is not properly before voters, that it violates the constitution.” “This question combines several unrelated matters into one question and then it gives voters a kind of hobsonian choice if you will,” said McAnneny.
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Massachusetts business groups ask state's Supreme Judicial Court to stop 'millionaires tax' from reaching 2018 ballot

Oct 3 2017

By Gintautas Dumcius, MassLive

The plaintiffs in the complaint against the proposed amendment, along with Anderson, are Christopher Carlozzi, the Massachusetts state director of the National Federation of Independent Business (NFIB); Richard Lord, president and CEO of Associated Industries of Massachusetts (AIM); Eileen McAnneny, president of the Massachusetts Taxpayers Foundation (MTF); and Daniel O'Connell, president and CEO of the Massachusetts Competitive Partnership (MACP), and a former top aide to Gov. Deval Patrick.
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Business Groups Sue To Stop Massachusetts ‘Millionaire Tax’

Oct 3 2017

By Bob Salsberg, AP / CBS

"We are challenging the ‘how’ of this ballot initiative, not the ‘what’ or the ‘why,'” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a business-backed fiscal research group that is also party to the Supreme Judicial Court lawsuit. “This is about process, not policy.”
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Business groups go to SJC to challenge ‘millionaires tax’ proposal

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Oct 3 2017

By Jon Chesto, The Boston Globe

“Essentially, if this ballot initiative is allowed to go forward, we’re saying voters have the power to raise revenue and appropriate it,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. “It kind of becomes the Wild West of budgeting.”
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Minimum Wage Hike, Sales Tax Cut Could Be On 2018 Massachusetts Ballot

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Sep 11 2017

By Paul Tuthill, WAMC

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation said legislating through the Constitution is a big mistake. "The downside is that if there are problems with this new tax increase, the legislature does not have the ability to change it," said McAnneny.
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Mass. tax collections miss benchmarks

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Sep 8 2017

By Colin Young, State House news Service / Lowell Sun

Gov. Charlie Baker signed a $39.4 billion fiscal 2018 budget in July and vetoed nine of the budget's outside sections and $320.3 million across 169 line items, including $202 million related to the MassHealth changes he proposed in June. The net impact of the vetoes, after accounting for federal revenues, is $193 million, according to a Massachusetts Taxpayers Foundation analysis.
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Ballot proposals raise and lower taxes

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Aug 5 2017

By Bob Salsberg, AP / The Berkshire Eagle

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the dilemma points to the hazards of letting voters decide complex tax issues. "More often than not a ballot question is written by its proponents," she said. "It's very one-sided and it's not a good way to make policy."
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Baker to approve fees, fines from employers for MassHealth

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Aug 2 2017

By Matt Murphy, State House News Service / WBJournal

In mid-July, the Massachusetts Taxpayers Foundation speculated about the situation that has come to pass. "Should the Legislature reject the Governor's proposed amendment to couple long-term MassHealth reforms with a temporary assessment on employers, the Legislature will need to find $283 million elsewhere ($200 million from the assessment in addition to the $83 million in MassHealth savings) a task that will be difficult on top of the spending reductions already made in Conference," the foundation wrote. "The Legislature's approach to the Governor's proposal will be pivotal to the state's fiscal condition in the months ahead."

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