A new report by the Massachusetts Taxpayers Foundation points to huge post-pandemic jumps in state revenue before urging the Legislature to use the time left in the year to finally get their act together on tax cuts.
According to the MTF, the waiting routine is getting kind of old.
“Tax relief has been at the top of the Beacon Hill agenda for 20 months since Governor Baker kicked off discussions with his proposal in January of last year. In that time, the plan has been expanded and improved in light of increasing competitiveness and cost concerns that pose a real threat to the state’s economic outlook,” the group wrote. “Now, approaching two years since conversations began, it is time to put tax relief into law.”