In The News

Senate loads up on earmarks despite tight fiscal picture

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May 25 2017

By Katie Lannan, State House News Service / The Berkshire Eagle

By 1:30 p.m. Thursday, senators added $35.9 million in spending to their fiscal 2018 budget, according to the Massachusetts Taxpayers Foundation. Doug Howgate, the foundation's director of policy and research, said earmarks accounted for about $24.7 million of the spending by his tally.
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Senate rolls out budget amid shaky revenue supports

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May 20 2017

By Katie Lannan, State House News Service / Saugus Wicked Local

The Massachusetts Taxpayers Foundation, which includes the transfer in its estimates, tracked the final House budget at about $40.8 billion and Gov. Charlie Baker’s proposal at $40.9 billion.
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Tax-break loopholes tough to close

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May 18 2017

By Andy Metzger, State House News Service / Sentinel and Enterprise News

In 2013 as part of a $1.9 billion tax package that was dismissed by the Legislature, former Gov. Deval Patrick targeted 44 personal income tax exemptions and deductions, according to a Massachusetts Taxpayers Foundation analysis of the proposal.
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Millionaire’s Tax Proposal Moving Ahead in Massachusetts

May 17 2017

By Aaron Nicodemus, BNA

The Massachusetts Taxpayers Foundation has been fighting the amendment, arguing the additional tax could hurt the economy by “driving the risk-takers, investors and entrepreneurs out of state,” said the foundation’s president, Eileen McAnneny. “It could hurt the state long-term, as well, when college students inventing the ‘next big thing’ choose to start elsewhere,” she told Bloomberg BNA.
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Senate budget lets gov collect Medicaid fee from businesses

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May 17 2017

By Matt Murphy, State House News Service / The Lowell Sun

After the administration faced significant pushback from employers on the assessment plan, Baker entered into talks with the business community -- including Associated Industries of Massachusetts, the Massachusetts Taxpayers Foundation and Retailers Association of Massachusetts -- about possible alternatives.
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Senate eyes Airbnb tax bid despite Baker, House opposition to proposal

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May 17 2017

By Matt Stout, The Boston Herald

“Anytime a proposal is in two of three versions of the budget, there’s a likelihood it can survive in one shape or form, particularly if it’s a priority,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. She noted that tax revenues are already flagging for this fiscal year at $462 million below projections, which could help the push to find any new available revenue sooner rather than later.
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Senate budget includes new fee on business

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May 16 2017

By Joshua Miller and Priyanka Dayal McCluskey, The Boston Globe

“Given the track record of revenue growth over the last 18 months, it’s important to begin fiscal year 2018 with a lower and more realistic tax estimate so as not to compound the problem,” said Eileen McAnneny, who leads the business-backed Massachusetts Taxpayers Foundation.
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Senate budget pinned on shaky revenue projections

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May 16 2017

By Katie Lannan, State House News Service / Commonwealth Magazine

The Senate Ways and Means Committee said its budget has a total of $40.79 billion in spending, a number that includes a $452 million transfer to a medical assistance trust fund. House lawmakers and Gov. Charlie Baker do not include that money in their bottom lines. The Massachusetts Taxpayers Foundation, which includes the transfer in its estimates, tracked the final House budget at about $40.8 billion and Baker’s proposal at $40.9 billion.
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On Beacon Hill, new talk of raising taxes

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May 14 2017

By Joshua Miller, The Boston Globe

“Obviously the cry for more revenue increases when revenues come in below expectations, and that’s happened for the last couple of years,” said Eileen McAnneny, the president of the business-backed Massachusetts Taxpayers Foundation. “That pressure is real.” But so, too, she said, is the decline in money available for discretionary spending as fixed costs rise sharply. Those fixed costs include Medicaid, the health program for the poor and disabled also known as MassHealth; pensions; and debt service. “Getting spending under control, particularly for MassHealth, will be an important part of any sustainable solution,” she said.
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Revenue base eroding as annual budget talks ramp up

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May 12 2017

By Andy Metzger, State House News Service / The Lowell Sun

An official at the Massachusetts Taxpayers Foundation confirmed that if May and June revenues hit benchmarks, the state would need 5.77 percent growth in tax receipts to meet its target in fiscal 2018. Doug Howgate, director of policy and research for the business-backed group, said the last time the state exceeded that level of growth was in fiscal 2015 when tax revenues grew 7.8 percent.
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