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Jun 26, 2019
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Jun 26, 2019
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The Commonwealth of Massachusetts may be on track to end fiscal year 2019 with a surplus of approximately $522 million according to a new analysis. MTF outlined a framework for handling any fiscal 2019 surplus, including (1) Add to the state’s “rainy day” fund; (2) Pay down unfunded pension and…
Publication
Jun 22, 2019
News Item
Jun 22, 2019
News Item
BOSTON (CBS) – Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, joined WBZ-TV political analyst Jon Keller this week on Keller @ Large to discuss the state of tax issues in the state.
News Item
Jun 21, 2019
News Item
Jun 21, 2019
News Item
Casino revenue is “not a panacea,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a fiscal watchdog group. “Nor will it solve the Commonwealth’s long-term fiscal challenges by any stretch,” though it could help fund new or supplement existing services.
News Item
Jun 20, 2019
Publication
Jun 20, 2019
Publication
As you know, tax revenue collections through May 2019 exceeded expectations by $952 million. If this strength continues through June, budgeted tax revenue will grow nearly seven percent over the strong fiscal 2018 collections.
Publication
Jun 14, 2019
News Item
Jun 14, 2019
News Item
The MTF statement cited doubts over whether the estimated $2 billion in tax revenue would go towards the proposed transportation and education, or would even materialize at all. ″[T]he power to appropriate revenue in the state budget rests solely within the Legislature and cannot be guaranteed in…
News Item
Jun 09, 2019
Publication
Jun 09, 2019
Publication
The Massachusetts Taxpayers Foundation asks lawmakers to consider five questions before casting their votes: 1) Does this income tax surcharge meet the standards of a sound tax policy? 2) Will the estimated $1.9 billion in new tax revenue materialize? 3) Will overall spending on transportation and…
Publication
Jun 09, 2019
News Item
Jun 09, 2019
News Item
The Massachusetts Taxpayers Foundation echoed the message from Anderson in an analysis released Monday where the group concluded that the millionaires tax was not "sound tax policy."The foundation also said the estimated $1.9 million in new tax revenue was "unlikely"to materialize due to the…
News Item
May 28, 2019
Publication
May 28, 2019
Publication
Last week, the Massachusetts State Senate finalized its version of the fiscal year 2020 budget after considering the Senate Committee on Ways and Means (SWM) budget proposal and the 1,142 amendments filed by Senators. The differences between the House and Senate versions will now be resolved by a…
Publication
May 23, 2019
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May 23, 2019
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The Massachusetts Taxpayers Foundation, a business-funded public policy organization, has been vocal in its opposition and views the tax as a “far-reaching and unguided experiment that risks the state’s economic well-being.” The MTF statement expressed doubts over whether the estimated $2 billion…
News Item
May 19, 2019
News Item
May 19, 2019
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But within the last decade, new construction and rising property values have helped boost local revenue, offsetting a declining share of state aid provided to municipalities, which fell to 19 percent of municipal revenue in fiscal 2018 compared to 28 percent in fiscal 1999, according to a 2019…
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