Displaying 51–60 of 412
May 05, 2023
PUBLIC FINANCE > Budget > FY 2024
That includes a drop in capital gains collections this year after they were “just through the roof” over the past two years and the likelihood that pass-through-entities would claim credits owed to them by the state, which in turn lowered how much...
PUBLIC FINANCE > Budget > FY 2024
May 03, 2023
PUBLIC FINANCE > Budget > FY 2023
Doug Howgate, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog, said that while jarring, the numbers aren’t surprising given that some pots of revenue were never going to sustain the peaks of years past. “Today’s...
PUBLIC FINANCE > Budget > FY 2023
May 03, 2023
PUBLIC FINANCE > Budget > FY 2023
Massachusetts Taxpayers Foundation President Doug Howgate said the consensus revenue estimate crafted by legislative and administration budget chiefs assumed the impacts from a capital gains slowdown and PTE credits would be "staggered over '23 and ...
PUBLIC FINANCE > Budget > FY 2023
May 03, 2023
PUBLIC FINANCE > Budget > FY 2023
Doug Howgate, president of the Massachusetts Taxpayers Foundation, agreed that the causes of the April downturn were on the radar screens of policymakers and analysts, but their timing was unclear. As for tax relief, Howgate said, it is sound from a...
PUBLIC FINANCE > Budget > FY 2023
Apr 12, 2023
PUBLIC FINANCE > Taxes
And if that move will generate a big backlash, you wouldn't know it from the reaction of the business-backed Massachusetts Taxpayers Foundation. "The most important thing is that as we collect more tax revenue than any reasonable person would have...
PUBLIC FINANCE > Taxes
Apr 11, 2023
PUBLIC FINANCE > Taxes
Doug Howgate, president of the Massachusetts Taxpayers Foundation, said consideration of Healey’s tax proposal needed to account for more than the surtax alone. Between fiscal 2015 and 2022, Massachusetts tax revenue increased more than 60%, from $24...
PUBLIC FINANCE > Taxes
Apr 11, 2023
PUBLIC FINANCE > Taxes
Doug Howgate, president of the Massachusetts Taxpayers Foundation, said regardless of the final plan there is a sense of urgency for Beacon Hill to move ahead on a tax-relief package, with census data showing the Bay State has lost more than 110,000...
PUBLIC FINANCE > Taxes
Apr 11, 2023
PUBLIC FINANCE > Taxes
In a written statement, Massachusetts Taxpayers Foundation President Doug Howgate said, “The commonwealth lost 110,000 residents to other states over the last three years. Sensible and sustainable changes to the tax code, like those reflected in the...
PUBLIC FINANCE > Taxes
Apr 11, 2023
PUBLIC FINANCE > Taxes
Doug Howgate, the president of the nonpartisan Massachusetts Taxpayers Foundation, responded to the news that the House would consider tax reform with assurances the plan was both affordable and necessary. “The Commonwealth lost 110,000 residents...
PUBLIC FINANCE > Taxes
Apr 11, 2023
PUBLIC FINANCE > Taxes
“We’re seeing in the numbers that outmigration is a real challenge for Massachusetts, affordability is a real challenge,” said Doug Howgate, head of the business-backed Massachusetts Taxpayers Foundation. The House plan “is not going to solve all...
PUBLIC FINANCE > Taxes