Displaying 1–10 of 182
Sep 17, 2021
TRANSPORTATION
A report from the business-backed Massachusetts Taxpayers Foundation found that the MBTA will be as much as $400 million short on its operating budget by mid-2023 and $13 billion short on its plans for maintenance and modernization over the next...
TRANSPORTATION
Sep 17, 2021
TRANSPORTATION
The MBTA is sliding deeper into a fiscal hole, according to new watchdog report, which calls on lawmakers to bail out the troubled transit agency. The report by the Massachusetts Taxpayers Foundation says the T faces an “imminent fiscal cliff” and...
TRANSPORTATION
Sep 17, 2021
TRANSPORTATION
A Boston-based think-tank says the MBTA is in dire straits. “The MBTA’s finances are kind of in a calamitous state right now,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, which just came out with a report on the...
TRANSPORTATION
Sep 16, 2021
TRANSPORTATION
With ridership still far below pre-pandemic levels, the Massachusetts Bay Transportation Authority faces a calamitous revenue shortfall in years to come that would force fare hikes or service cuts and would make it impossible for the agency to enact...
TRANSPORTATION
Sep 16, 2021
TRANSPORTATION
The Massachusetts Taxpayers Foundation published a new report on Thursday describing the financial future of the state’s largest public transit agency as “unequivocal and unsettling.” Despite the infusion of $2 billion in federal stimulus funds...
TRANSPORTATION
Aug 26, 2021
PUBLIC FINANCE > Taxes
“The low exemption has made it essentially a middle-class tax burden if you own real estate in the Commonwealth,” notes Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. ...
PUBLIC FINANCE > Taxes
Aug 19, 2021
PUBLIC FINANCE > Budget > FY 2021
Massachusetts Taxpayers Foundations President Eileen McAnneny said employers would love to see their full UI debt from the pandemic canceled, but surmised that "might not be realistic given competing needs. "This obviously doesn't address the whole...
PUBLIC FINANCE > Budget > FY 2021
Aug 05, 2021
ECONOMY
Another study from The Massachusetts Taxpayers Foundation supports that argument. It found that if Massachusetts could close the economic divide, the state's gross domestic produce would increase by $25 billion over five years. "Just to put that in...
ECONOMY
Aug 03, 2021
PUBLIC FINANCE > Budget > FY 2021
In late June, the Massachusetts Taxpayers Foundation published a seven-page analysis that projected the state could wind up with a discretionary surplus from fiscal 2021 of between $1.13 billion and $1.48 billion after accounting for an automatic...
PUBLIC FINANCE > Budget > FY 2021
Jul 22, 2021
PUBLIC FINANCE > Taxes
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, is urging lawmakers to consider doing the same. “Right now the burden of replenishing the fund falls solely on businesses when the cost really should be born more broadly,” she...
PUBLIC FINANCE > Taxes