MTF In The News

Mass. business groups oppose nurses’ ballot question

Apr 12 2018

By Margeaux Sippell, The Boston Globe

“Health-care costs are already a burden for many families and employers across Massachusetts,” Eileen McAnneny, president of the Taxpayers Foundation, said in a prepared statement. “Massachusetts should use its health-care dollars to focus on more pressing priorities, like mental health care and addiction treatment, rather than this self-serving ballot initiative,” she said.
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House bumps local aid; seeks new audit of State Police in $41B budget proposal

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Apr 11 2018

By Matt Murphy, State House News Service / The Boston Herald

While House leaders touted areas of investment, the Massachusetts Taxpayers Foundation recently cautioned that a growing portion of state revenues are being consumed by a few priorities, leaving a lot less money for lawmakers to invest in programs important to their constituents.
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Massachusetts state budget faces uncertainty over 2018 ballot questions

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Apr 11 2018

By Shira Schoenberg, MassLive

The business-backed Massachusetts Taxpayers Foundation has said lawmakers should establish a contingency plan in case the income tax question is not passed and the sales tax question passes. The foundation said one important step would be to commit a large amount of money to the state's rainy day fund and put any surplus money from this year into the rainy day fund.
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Tax could deflate state's economy

Mar 15 2018

The Eagle Tribune

The president of the Massachusetts Taxpayers Foundation told the assembled lunchtime crowd that the state's economy was strong. What's more, the economic recovery has lasted longer than those in the past, and state tax receipts are coming in above estimates.
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Expert: MassHealth funding means a tight state budget

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Mar 15 2018

By Ethan Forman, The Salem News

Health care spending is the leading culprit as to why the state budget has been so tight despite good economic times, according to Massachusetts Taxpayers Foundation President Eileen McAnneny.
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245 State Police troopers earned more than $200,000 last year

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Mar 12 2018

By Michael Levenson and Matt Rocheleau, The Boston Globe

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog group, said State Police overtime pay partly reflects the increased demands on law enforcement in an era of heightened concern about terrorism.
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$1.4B Education Bill Would Inject Money Into Struggling Gateway Cities' Schools

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Feb 23 2018

By Bianca Vazquez Toness, WGBH

It's not clear where that money would come from. “It’s a big expenditure,” says Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. “It’s being added to a budget that already has a structural deficit. So, figuring out how we pay for that is critically important.”
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Editorial: Bay State’s golden geese

Feb 18 2018

The Boston Herald

Mass. Taxpayers agrees, noting “Massachusetts already has a migration problem.” A net 475,000 people ($18.9 billion in adjusted gross income) left the state from 1993 to 2016. “The additional 4 percent income surtax will surely drive more Massachusetts taxpayers to change their state of tax residency.”
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Millionaire tax wrong way to play Robin Hood

Feb 18 2018

By Edward Murphy, CommonWealth Magazine

The new $10,000 limit will therefore cost those filers more than a third of their deductions and the aggregate cost is enormous. According to the Massachusetts Taxpayers Foundation, the state’s filers will lose approximately $7.5 billion in deductions under the new law.
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Top earners could leave state, tax study finds

Feb 13 2018

By Christian Wade, The Daily News

The Massachusetts Taxpayers Foundation has estimated about 19,600 tax filers would be affected by the 4 percent tax, generating about $1.9 billion a year.
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Beacon Hill warms up to $3.5 B borrowing bill

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Feb 12 2018

By Michael Norton, State House News Service / The Gloucester Times

The out-of-pocket costs of retiring debt are reflected in Gov. Baker's fiscal 2019 budget, which sets aside $2.66 billion to make debt service payments over 12 months, a $49 million increase from this fiscal year's projected debt service spending, according to the Massachusetts Taxpayers Foundation.
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Transportation commission won’t look at revenues, financing

Feb 8 2018

By Bruce Mohl, CommonWealth Magazine

The idea for the commission came from the Massachusetts Taxpayers Foundation, which released a report in late September suggesting that a third transportation finance commission was needed because existing revenues were uncertain, particularly because of cutbacks in federal spending and the rise of ride-sharing and electric vehicles, both of which have the potential to upend funds coming in from t
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SJC reviews fight over ballot question on extra tax for incomes over $1 million

Feb 6 2018

By Jon Chesto, The Boston Globe

The plaintiffs who oppose it include top executives at Associated Industries of Massachusetts, the National Federation of Independent Business, the Massachusetts Taxpayers Foundation, Massachusetts High Technology Council, and the Massachusetts Competitive Partnership.
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High court to hear challenge to 'millionaire tax' question

Feb 5 2018

By Bob Salsberg, AP / The Boston Herald

The Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, the Massachusetts Competitive Partnership and the state chapter of National Federation of Independent Business also joined in the suit challenging Democratic Attorney General Maura Healey's 2015 ruling that certified the initiative petition.
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What was the Group Insurance Commission trying to do?

Jan 29 2018

By Bruce Mohl, CommonWealth Magazine

Eileen McAnnenny, a member of the Group Insurance Commission board and the president of the Massachusetts Taxpayers Foundation, said she abstained from the vote because she wanted more time to study the proposal.
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Baker’s $40.9B budget a 2.6% increase

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Jan 25 2018

By Bob Salsberg, AP / Daily Hampshire Gazette

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said her group would like more money directed to the reserve fund. But she praised Baker’s overall fiscal management. “I think limiting the growth in spending to the overall rate of revenue growth is really important,” she said.
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Experts: Proceed with caution under tax overhaul

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Jan 25 2018

By Katie Lannan, State House News Service / The Lowell Sun

The Massachusetts Taxpayers Foundation is "concerned long-term about potential impacts on federal revenue as our debt increases and federal spending could be reduced," McAnneny said. She said the law contains $6 trillion in cuts offset by $4.5 billion in hikes, for a net reduction in taxes of $1.5 trillion. What that revenue loss means for states is not yet clear, McAnneny said.
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In budget proposal, Baker tries again to move 140,000 residents off Medicaid

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Jan 24 2018

By Joshua Miller, The Boston Globe

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog, was more upbeat in her assessment. She praised Baker’s proposal for increasing funding for opioid addiction services, education, and aid to cities and towns. “My initial impression is a positive one,” she said.
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Baker launches commission to study transportation needs

Jan 23 2018

By Adam Vaccaro, The Boston Globe

One member of the new commission, Eileen McAnneny, is the president of the Massachusetts Taxpayers Foundation, a business-backed watchdog group.
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Panel advised against hasty response to US tax overhaul

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Jan 23 2018

By Bob Salsberg, AP / The News Tribune

The Massachusetts Taxpayers Foundation estimates that about a third of the state's taxpayers claim the deduction on state and local taxes, with the average deduction totaling about $17,000 in the 2015 tax year. The group estimates the $10,000 cap will result in the aggregate loss of about $7 billion in deductions.
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New transportation commission assigned post-election deadline

Jan 23 2018

By Colin Young, State House News Service / The Lowell Sun

The administration first announced it would create this transportation review commission in September, after the Massachusetts Taxpayers Foundation released a report that was critical of the state for not having an updated blueprint of how it is going to address transportation infrastructure and financing needs in the next decade, saying such a blueprint is needed given the advances in technology
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Tax, spending questions abound as Baker readies budget plan

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Jan 20 2018

By Bob Salsberg, AP / The Los Angeles Times

The foundation estimates that the state's first commercial pot shops — expected to begin opening this summer — could generate between $32 million and $54 million in sales and excises taxes for the state.
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Accord points to unrestricted local aid boost of at least 3.5 percent

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Jan 19 2018

By Michael Norton, State House News Service / The Lowell Sun

According to the Massachusetts Taxpayers Foundation, unrestricted local aid increased between fiscal 2016 and 2018 by 3.6 percent, 4.3 percent and 3.9 percent, respectively, while Chapter 70 aid increased by 2.54 percent, 2.58 percent and 2.57 percent.
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Editorial: When sun shines, plan for rainy days

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Jan 18 2018

Boston Business Journal

As you read the bullish reports in the economic outlook in this week’s pages, be aware that cloudless skies don’t mean a storm can’t hit. A recent Massachusetts Taxpayers Foundation report points out that the state’s overall budget has doubled from 15 years ago, while the so-called “rainy day fund” is $400 million lower.
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Editorial: Modesty’s in order

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Jan 16 2018

The Boston Herald

The Massachusetts Taxpayers Foundation has recommended, sensibly, setting aside that above-benchmark revenue to guard against changes in the tax structure next year, when two controversial questions related to taxes will be on the ballot. MTF also calls for a “sizable” deposit in the state’s rainy-day fund.
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THE EFFECT OF THE FEDERAL TAX CHANGES ON THE BAY STATE

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Jan 15 2018

By Bob Katzen, The Sentinel & Enterprise News

The hearing comes on the heels of a report released last week by the Massachusetts Taxpayers Foundation reporting that of the $19 billion Bay State taxpayers could deduct under the system in place in 2015 before the passage of the new law, some $7.5 billion of that will no longer be available.
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Drop in Massachusetts income tax expected as state budget revenue consensus reached

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Jan 14 2018

By Shira Schoenberg, MassLive

The Massachusetts Taxpayers Foundation, a business-backed group, said in an analysis that budget writers "struck a middle ground between conservative and optimistic approaches" in setting the consensus revenue figure. It also notes that the budget estimate does not take into account the potential impact of two proposed ballot questions that will appear on the November 2018 ballot.
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Beacon Hill tax accord sets stage for new Mass. spending

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Jan 12 2018

By Colin Young, State House News Service / The Worcester Telegram

In a report earlier this week, the business-backed Massachusetts Taxpayers Foundation noted that tax collections are running nearly $730 million above benchmarks through December and recommended the state use above-benchmark revenues to build its rainy day, or stabilization reserve, an area that credit rating agencies have flagged as a concern.
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Study: Overhaul to cost Mass. taxpayers $7.5B

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Jan 12 2018

By Michael Norton, State House News Service / Sentinel & Enterprise

"For a lot of people in Massachusetts, they are going to feel the effect of the cap," Eileen McAnneny, foundation president, told the News Service. "People with higher incomes tend to deduct and itemize at a greater percentage than folks with more modest incomes.
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MTF SEES POSSIBLE BOOST IN FISCAL 2018 REVENUE ESTIMATE

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Jan 8 2018

By Michael Norton, State House News Service

"The revenue challenges of these ballot questions are compounded by problematic timing," according to MTF. "The fact that these questions will not be voted on until November -- more than four months after the FY 2019 budget is finalized, makes planning for them especially difficult."
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Chandler ‘delighted,’ but not involved in release of earmarks

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Jan 4 2018

State House News Service / The Worcester Telegram

There are more than 600 earmarks in the budget, totaling $121 million in spending, according to the Massachusetts Taxpayers Foundation. Chandler said she met with the governor a “couple of weeks ago,” saying only that they talked about “things in general, basically. Just pleasantries.”
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State still waiting for promised transportation panel

Jan 4 2018

By Colin Young, State House News Service / The Salem News

When she announced the commission at a Massachusetts Taxpayers Foundation forum, Polito said the governor would sign an executive order "in the coming weeks" and that the commission would "further review, analyze and better inform the state's transportation capital needs," and look at how state revenues – the gas tax and vehicle registration fees, for instance – could shift along with changes
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Business group calling for review of tax code

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Jan 3 2018

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

"This is just one more reason why Massachusetts might consider doing a comprehensive review of its tax code," Massachusetts Taxpayers Foundation President Eileen McAnneny told the News Service on Tuesday. She said, "It absolutely has to be an academic exercise, not a political one."
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Over 2,000 students from Puerto Rico now in Massachusetts schools following Hurricane Maria

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Dec 19 2017

By Katie Lannan, State House News Service / MassLive

The Massachusetts Taxpayers Foundation said in a midyear budget update that it's unknown how many Puerto Rican families are staying with friends and relatives here after Hurricane Maria landed a devastating blow on the island. Some school districts "already dealing with an unexpected influx of students related to the disaster," the foundation said.
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Present calm on Massachusetts budget front may be short lived

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Dec 18 2017

By Michael Norton, State House News Service / The Worcester Telegram

The business-backed MTF, over the years, has become known for its sobering assessments of budget conditions that elected officials often portray in mostly positive terms. Its assessment of the $39.4 billion fiscal 2018 budget sticks to that theme, outlining issues to watch for in the coming months.
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Gloomy outlook for state finances

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Dec 14 2017

By Jon Chesto, The Boston Globe

You can’t blame Eileen McAnneny, MTF’s president, for being a spoilsport. The GOP tax cuts could total $1.5 trillion over 10 years. It’s a no-brainer, McAnneny says, that Massachusetts will receive less from D.C. going forward as a result. (Federal funds support more than a quarter of the state’s budget.) The fact we have an all-Democratic delegation doesn’t help.
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Officials say state revenues improving

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Dec 6 2017

By Bob Salsberg, AP / The Daily Hampshire Gazette

“Forecasting state tax revenues 18 months into the future is always risky as unforeseen events often undermine predictions as the past three years have shown,” the Massachusetts Taxpayers Foundation said in a statement. The nonpartisan fiscal research group offered a more conservative estimate of 2.8 percent growth in state tax collections next year.
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Mass. lawmakers again try to gauge revenues

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Dec 6 2017

By Colin Young, State House News Service / The Berkshire Eagle

"Predicting revenues in FY 2019 is more daunting than usual because there are several upcoming events over the next 12 months, any one of which will have major impacts on state tax revenues, but those impacts are unknowable right now," MTF wrote in its forecast. "Taken together, these events could dramatically alter the state's fiscal health." MTF said federal tax legislation could have "a major impact" on the state's finances, but said that three possible 2018 ballot questions — imposing a 4 percent surtax on income greater than $1 million, reducing the sales tax rate from 6.25 percent to 5 percent, and a paid family and medical leave initiative -- "could make irrelevant the forecasts presented at today's hearing."

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Potential tax law changes muddy budget picture

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Dec 6 2017

By Katie Lannan, State House News Service / WCVB

"But whenever it comes in, it is one-time revenue, and we're suggesting that that money go into the stabilization fund," McAnneny told the committees. "We think this is really important for two reasons. One, there is a statutory requirement that excess capital gains be deposited into the stabilization fund, but also I think because there is a very atypical and perhaps unprecedented amount of uncertainty regarding other tax revenues." With the pending federal tax legislation and a trio of potential ballot questions that could shake up the state's finances -- a sales tax reduction, a surtax on incomes over $1 million, and a paid family and medical leave program -- MTF recommended that the state deposit at least $500 million from this year's and next year's revenues into the rainy day fund.

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Uncertainty in Washington tax policy complicates Massachusetts budget writing

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Dec 6 2017

By Shira Schoenberg, MassLive

The business-backed Massachusetts Taxpayers Foundation said any movement on tax reform could result in a one-time surge in capital gains tax revenues, as investors sell assets based on the anticipated shift in tax policy.

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WBUR Poll: 3 State Ballot Initiatives Enjoy Overwhelming Support

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Nov 16 2017

WBUR

McAnneny also warns that some of the money from the millionaires’ tax might not materialize. “It’s likely to be less than [what the state estimates],” she said. “We’ve seen that in other states that have enacted similar policies, namely New Jersey and Connecticut.
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Income surtax scheduled for Feb. 5 hearing before SJC

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Nov 9 2017

By Andy Metzger, State House News Service / Dorchester Reporter

The plaintiffs run influential business-backed groups, including the Massachusetts Taxpayers Foundation, the Massachusetts High Technology Council, and the National Federation of Independent Business’s Massachusetts arm.
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MBTA spokeswoman: 'It's more than trust us'

Nov 7 2017

By Colin Young, State House News Service / The Daily Report

That announcement came after the Massachusetts Taxpayers Foundation released a report critical of the state for not having an updated blueprint of how it is going to address transportation infrastructure and financing needs in the next decade, saying such a blueprint is desperately needed given the advances in technology and climate change.
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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.
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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
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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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Steady stream of studies fuel transportation debates

Sep 30 2017

By Adam Vacarro, The Boston Globe

And the business-backed Massachusetts Taxpayers Foundation said the state needs to have a better plan to confront challenges, including from climate changes and the loss of gas tax money as more vehicles become electric-powered. And in response to the Taxpayers Foundation report, the Baker administration this week said it would form a commission to study funding and infrastructure challenges.
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Transportation Reports Still Don't Answer Money Questions

Sep 30 2017

By Bob Salsberg, AP / U.S. News and World Report

The Massachusetts Taxpayers Foundation strongly suggests that just throwing money at problems isn't enough.
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Self-driving cars speed ahead without legislative framework

Sep 29 2017

By Colin Young, State House News Service / The Salem News

Ford is developing a fully autonomous vehicle — no steering wheel, brake or gas pedals, and no driver required — by 2021, Ford Smart Mobility's director of city solutions Jessica Robinson said Wednesday at a transportation forum hosted by the Massachusetts Taxpayers Foundation.
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New Massachusetts commission to review state's transportation needs

Sep 27 2017

By Shira Schoenberg, MassLive

The Massachusetts Taxpayers Foundation report also found that factors such as climate change, ride-sharing services, electric vehicles and self-driving cars will affect state revenues. For example, if fewer people buy cars, Massachusetts will get less money from registration fees. More fuel-efficient cars means the state will lose gas tax money.
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Mixed messages on paying for transportation

Sep 27 2017

CommonWealth Magazine

In addition to the loud message sent by the ballot question, the Massachusetts Taxpayers Foundation also released a report on transportation just hours before the Senate study was unveiled that says money isn’t the panacea for the aging network. The taxpayer report cited the growing impact of climate change on various modes of transportation and said those will cost money as well.
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Baker to form commission to review transportation needs

Sep 27 2017

By Colin Young, State House News Service / The Salem News

The taxpayers foundation this week released a report critical of the state for not having a updated blueprint of how it is going to address transportation infrastructure and financing needs in the next decade, saying such a blueprint is desperately needed given the advances in technology and climate change.
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Is more money needed to fix Massachusetts transportation?

Sep 27 2017

By Shira Schoenberg, MassLive

On Tuesday, the business-backed Massachusetts Taxpayers Foundation released a report arguing that more money alone will not fix Massachusetts' transportation problems. Rather, the report said there needs to be a full review of the state's transportation assets to figure out what the system needs and how it should be funded.
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Editorial: One transportation study that's really needed

Sep 27 2017

Newburyport Daily News

The foundation is pressing for a complete, detailed picture of the transportation system. Gov.
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MASS. TRANSPORTATION SYSTEM NEEDS INDEPENDENT REVIEW, BIZ GROUP SAYS

Sep 26 2017

By Michael Norton, State House News Service

The state needs a new blueprint to address its transportation infrastructure, which faces new threats and remains in problematic condition despite major investments in recent years, according to a business-backed foundation that is recommending a new independent review.
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Standardized testing comes under fire again in Mass.

Sep 13 2017

By Katie Lannan, State House News Service / Sentinel & Enterprise

The alliance and 25 other business groups, including the Associated Industries of Massachusetts, Massachusetts Taxpayers Foundation, Greater Boston Chamber of Commerce and Retailers Association of Massachusetts, signed on to a statement opposing the Rush and Decker bills.
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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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Transit chief wants ‘world class’ system for MBTA

Aug 15 2017

AP / The Telegram

The Massachusetts Taxpayers Foundation, an independent watchdog group, welcomed the appointment of Ramirez. “Mr. Ramirez’s business background and expertise in complex turnarounds makes him the ideal person to lead the authority forward,” President Eileen McAnneny said.
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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.

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Baker’s plan to cut health costs gets skeptical reception in Legislature

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Jul 25 2017

By Priyanka Dayal McCluskey, The Boston Globe

“The cost of inaction is too high,” Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, said at Tuesday’s hearing at the State House.
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House poised to reject Baker’s MassHealth reforms

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Jul 25 2017

By Matt Murphy and Katie Lannan, State House News Service / Commonwealth Magazine

Massachusetts Taxpayers Foundation President Eileen McAnneny, also testifying in support of the governor’s plan, expressed concern that spending on MassHealth has outpaced investments in programs such as subsidized child care 44 times over.
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Mass. finishes fiscal year with $431M revenue shortfall

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Jul 24 2017

By Colin Young, State House News Service / Newburyport News

Baker’s vetoes stretched across 169 line items, with $202 million in vetoes associated with MassHealth reforms, according to the Massachusetts Taxpayers Foundation. He also vetoed $42 million in spending that lawmakers earmarked in an attempt to force appropriations for favored projects.
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Minority leader urges House to hold off on budget vetoes

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Jul 21 2017

By Michael Norton, State House News Service

Baker's latest vetoes stretched across 169 line item vetoes, with $202 million in vetoes associated with MassHealth reforms, according to the Massachusetts Taxpayers Foundation (MTF). He also vetoed $42 million in spending earmarks.
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Keller @ Large: Eileen McAnneny Talks Tax Issues, Pot Bill

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Jul 16 2017

By Jon Keller, CBS

Jon asked McAnneny if the latest budget the state legislature passed was a responsible one. “I will say it was responsible in several senses,” she said.
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Baker won’t commit to health care assessments

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Jul 10 2017

By Matt Murphy, State House News Service / Commonwealth Magazine

Led by groups like Associated Industries of Massachusetts, the Massachusetts Business Roundtable and the Massachusetts Taxpayers Foundation, the coalition called for the “rapid approval of the reform package in its entirety by the end of July.” “On its own, the employer assessment negatively impacts thousands of businesses around the state.
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Baker to raid trust funds to finalize last year’s budget

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Jul 8 2017

By Andy Metzger and Michael P. Norton, State House News Service / The Dedham Transcript

The Massachusetts Taxpayers Foundation in June predicted that trust fund balances might be eyed to plug holes in the state budget.
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State budget includes new fees on businesses to help the state pay for health care costs

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Jul 7 2017

By Priyanka Dayal McCluskey, The Boston Globe

“When the administration was seeking support for their package, they made it clear to the employer community that they would accept this as a package only,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation.
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NH candidate makes pitch to Mass. millionaires

Jul 7 2017

By Katie Lannan, State House News Service / Newburyport News

The Massachusetts Taxpayers Foundation, however, has cautioned that if one-third of the 900 tax filers projected to make more than $10 million annually were to relocate, total income tax revenues would drop by approximately $750 million, including $410 million in taxes from the current rate and $335 million projected under the surtax.
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Massachusetts Still Without Budget 5 Days Into Fiscal Year

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Jul 5 2017

NECN

The Massachusetts Taxpayers Foundation says the fiscal 2018 shortfall could go as high as $1 billion.
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As new fiscal year arrives, lawmakers face shortfall

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Jul 2 2017

Sentinel and Enterprise

But that's only part of the problem. Tax revenues have risen only about 1.2 percent during the previous 12 months, making the 3.9 percent increase forecast for the next 12 months, "very optimistic and I would say unrealistic," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation.
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Millionaires might complain about new tax, but they probably won’t flee, studies show

Jun 21 2017

By Michael Levenson, The Boston Globe

A study by the Center on Wealth and Philanthropy at Boston College found that, in the four years following New Jersey’s income tax increase, $70 billion in wealth left the state, while the expected amount of charitable giving fell by $1.1 billion.
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Editorial: Baker shows way on health reform

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Jun 21 2017

The Boston Herald

The Baker administration has thrown the Legislature — and the taxpayers — a lifeline when it comes to dealing with rising Medicaid costs — which account for nearly 40 percent of the state budget. Lawmakers should grab it.
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Baker Medicaid plan raises employer burden

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Jun 21 2017

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

Officials with many of the major business groups and some health plans, including the Retailers Association of Massachusetts, the Mass High Tech Council, Fallon Health, Boston Medical Center and the Massachusetts Taxpayers Foundation are backing the reform package.
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Massachusetts Millionaires Tax Will Face Voters in 2018

Jun 15 2017

Bloomberg BNA News

However, detractors like the Massachusetts Taxpayers Foundation and Associated Industries of Massachusetts say the new surtax will drive wealthy residents from the state, causing estimates of tax revenue to drop as well.
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Mass. Lawmakers Push 'Millionaire's Tax' Through To 2018 Ballot

Jun 14 2017

By Steve Brown, WBUR

Critics say it would drive away jobs and hurt businesses in the state. A recent report by the Massachusetts Taxpayers Foundation predicts the plan could also backfire by giving wealthy residents a significant incentive to move away.
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Democratic candidates for governor pressure Baker on income surtax

Jun 14 2017

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

Backers of the surtax say the state needs the estimated $1.6 billion to $2.2 billion in new revenues to invest in public education and transportation infrastructure, but critics, including the business-backed Massachusetts Taxpayers Foundation, warned this week that the proposal could cause wealthy Bay State residents to move to less expensive states and warned new revenues would likely be needed
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MTF Blasts Proposed 'Millionaire's Tax'

Jun 13 2017

By Paul Tuthill, WAMC

The foundation’s report delivered to legislators two days before the scheduled vote said that if just one-third of the 900 state taxpayers who make more than $10 million a year were to leave the state, projected revenue would drop by $750 million.
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Will ‘millionaires’ tax?’ appear on 2018 ballot? We’ll find out Wednesday

Jun 13 2017

By Michael Levenson, The Boston Globe

“This proposal, unfortunately, combines questionable benefits with an extraordinary level of risk,” the Massachusetts Taxpayers Foundation wrote in a withering analysis of the proposal released Monday.
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Mass. bond rating drops

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Jun 13 2017

By Christian Wade, Newburyport News

The Democrat-controlled Legislature has siphoned more than $2.2 billion from the reserve fund to cover operating expenses between fiscal years 2012 and 2015, according to the Massachusetts Taxpayers Foundation, a nonpartisan watchdog.
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'Millionaire's tax' could backfire, group warns

Jun 13 2017

By Michael Norton, State House News Service / The Lowell Sun

"The millionaire's tax does not align with the state's economic interests because it taxes talent -- Massachusetts' principal competitive advantage," the analysis says. "The appeal is easy to understand -- it is projected to raise almost $2 billion per year; does not require legislators to take a vote on a tax increase; and targets a small number of wealthy taxpayers.
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Business-backed group says proposed tax would chase away top earners

Jun 12 2017

By Michael Levenson, The Boston Globe

But the foundation says the amendment would “tax talent – Massachusetts’ principal competitive advantage.” “The appeal is easy to understand — it is projected to raise almost $2 billion per year; does not require legislators to take a vote on a tax increase; and targets a small number of wealthy taxpayers,” the foundation says in its report.
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Economists say a $1b state budget cut may be needed

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Jun 7 2017

By Joshua Miller, The Boston Globe

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, predicted legislators will have to slice between $750 million and $1 billion from their $40.3 billion budget. That won’t all be in program cuts, she said, but it won’t be painless. “Eight years into an economic recovery, we have seen state tax revenue slow down considerably.
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Shortsleeve move to T board opposed

Jun 6 2017

By Bruce Mohl, CommonWealth Magazine

Andrew Bagley, vice president of the Massachusetts Taxpayers Foundation, also voiced support for Shortsleeve, saying “he’s brought stability to the organization.”
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Behind closed doors, Legislative leaders hammer out state budget

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Jun 5 2017

By Colin Young, State House News Service / The Lowell Sun

The Massachusetts Taxpayers Foundation says a "substantial downgrade to (FY18) revenue is likely, and if it occurs, will require major spending reductions" in the final budget.
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Is Massachusetts Heading For A Budget Crisis?

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May 30 2017

By Mike Deehan, WGBH

"It really is the equivalent of the state looking under the couch cushions for any revenue that it can find in various accounts where there's a balance and sweeping that money to make up the deficit," Massachusetts Taxpayers Foundation President Eileen McAnneny said, adding that fixing a budget gap at the end of the fiscal year will be hard because much of the state's money has always been spent.
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Business advocates gear up for legal fight against ‘millionaires tax’ proposal

May 26 2017

By Jon Chesto, The Boston Globe

Other influential business groups — such as the Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, and the Massachusetts Competitive Partnership — also oppose the labor-backed surcharge. Among their strategies: filing a lawsuit later this year that challenges its constitutionality.
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Senate OK’s $40.8 billion state budget

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May 26 2017

By Laura Krantz, The Boston Globe

As the budget debate neared an end Thursday night, Eileen P. McAnneny, president of the Massachusetts Taxpayers Foundation, noted how much the disappointing revenue collections influenced budget crafting.
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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.
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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.
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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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