December 01, 2005
PUBLIC FINANCE > Budget > FY Pre-2008

MTF Forecast: Slowing Revenue Growth in 2006 and 2007

Tax revenues will increase roughly five percent per year in 2006 and 2007-down from the almost seven percent average pace of the last two years-as the state's workforce continues to expand at less than half the national rate, according to a forecast released today by the Massachusetts Taxpayers Foundation.