Displaying 1–10 of 61
Aug 19, 2021
BUDGET & TAXES > 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...
BUDGET & TAXES > Budget > FY 2021
Aug 03, 2021
BUDGET & TAXES > 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...
BUDGET & TAXES > Budget > FY 2021
Jun 28, 2021
BUDGET & TAXES > Budget > FY 2021
The Massachusetts Taxpayers Foundation, a business-backed research institute, predicted that the state would end the fiscal year in less than three days with a sizable surplus that would allow lawmakers to cover additional spending and deposit money...
BUDGET & TAXES > Budget > FY 2021
Jun 03, 2021
BUDGET & TAXES > Budget > FY 2021
Putting the $2.1 billion over-benchmark number for May in context, Doug Howgate of the Massachusetts Taxpayers Foundation said tax collections in Massachusetts have never exceeded benchmarks for any full fiscal year going back to at least fiscal 2006...
BUDGET & TAXES > Budget > FY 2021
Nov 18, 2020
BUDGET & TAXES > Budget > FY 2021
While officials say the threshold will hit only the largest 6 percent of businesses in Massachusetts, the Massachusetts Taxpayers Foundation said the change will be “costly for them at a time many are reeling from the loss of business resulting from...
BUDGET & TAXES > Budget > FY 2021
Oct 22, 2020
BUDGET & TAXES > Budget > FY 2021
According to the nonprofit Massachusetts Taxpayers Foundation (MTF), fiscal 2021 state revenues have already dropped an estimated $4 billion due to the economic impact of COVID-19, and hopes for a rapid recovery have faded. “The economic...
BUDGET & TAXES > Budget > FY 2021
Oct 21, 2020
BUDGET & TAXES > Budget > FY 2021
The Massachusetts Taxpayers Foundation said the Baker administration’s revenue estimate veered on the conservative end of projections made earlier this month, but noted fiscal 2022 could pose a bigger challenge. “The state will have to replace...
BUDGET & TAXES > Budget > FY 2021
Oct 15, 2020
BUDGET & TAXES > Budget > FY 2021
According to data from the Federal Reserve, cited by the Massachusetts Taxpayers Foundation in recent legislative testimony, the labor force in Massachusetts in August had 143,840 fewer workers than pre-pandemic, a decline of 3.9 percent. While the...
BUDGET & TAXES > Budget > FY 2021
Oct 14, 2020
BUDGET & TAXES > Budget > FY 2021
The Massachusetts Taxpayers Foundation warned that if Congress does not come through with additional relief, the state will be far from out of the woods in fiscal 2022 when school funding commitments, collective bargaining agreements and inflation...
BUDGET & TAXES > Budget > FY 2021
Oct 08, 2020
BUDGET & TAXES > Budget > FY 2021
The Massachusetts Taxpayers Foundation, a business-backed watchdog, is expecting a drop in revenue of $3.9 billion compared to initial estimates, according to its president, Eileen McAnneny. Others projected a more positive picture, though they...
BUDGET & TAXES > Budget > FY 2021