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...

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...

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 ...

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...

Gov. Maura Healey signed a supplemental budget for fiscal year 2023 Tuesday, just a few weeks after announcing her FY-2024 budget. As Doug Howgate of the Massachusetts Taxpayers Foundation explains, this is normal and is essentially a way for the...

Low wages for educators in the field have left many centers without adequate professional support. In turn, according to the Massachusetts Taxpayers Foundation, the lack of qualified workers in areas of child care has cost Massachusetts families...

Low wages for educators in the field have left many centers without adequate professional support. In turn, according to the Massachusetts Taxpayers Foundation, the lack of qualified workers in areas of child care has cost Massachusetts families...

“We need to be thinking critically about the things that the state should be doing — but also very mindful that there is a state-federal partnership,” said Doug Howgate, president of the Massachusetts Taxpayers Foundation, a business-backed budget...

Doug Howgate, president of the Massachusetts Taxpayers Foundation, said Healey’s budget shows the state remains in a strong financial condition, giving the administration high marks for its tax relief plan, early education investments and what he...

Doug Howgate, president of the business-backed Massachusetts Taxpayers Foundation, said cutting taxes, boosting spending, and socking money away is an amazing trifecta that doesn’t come around very often and makes crafting a budget a lot easier. ...