Displaying 251–260 of 421
Jul 20, 2021
PUBLIC FINANCE > Budget > FY 2022
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state needs to spend some relief funds to maintain its economic recovery but it should also squirrel away money for "unforeseen circumstances."
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PUBLIC FINANCE > Budget > FY 2022
Jul 20, 2021
PUBLIC FINANCE > Budget > FY 2022
"We have until 2026 to actually spend it and we should take the time necessary to develop a forward-looking, comprehensive plan that considers other resources available and how best to leverage them for the maximum impact,” Eileen McAnneny of the...
PUBLIC FINANCE > Budget > FY 2022
Jul 12, 2021
PUBLIC FINANCE > Budget > FY 2022
Doug Howgate, executive vice president at the Massachusetts Taxpayers Foundation, said that many business owners would gladly accept the tradeoff inherent in the Legislature’s approved budget, given that they still stand to save a substantial amount...
PUBLIC FINANCE > Budget > FY 2022
Jul 12, 2021
PUBLIC FINANCE > Budget > FY 2022
"Achieving a balance well in excess of $5 billion is a critical goal for the Commonwealth as we build our economic recovery and prepare for future challenges," the Massachusetts Taxpayers Foundation wrote in a report about the budget redraft.
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PUBLIC FINANCE > Budget > FY 2022
Jul 09, 2021
PUBLIC FINANCE > Budget > FY 2022
The tax revenue upgrade allowed budget writers to eliminate the proposed use of one-time revenues, including a plan to tap the state's "rainy day'' or stabilization fund to balance the budget. Despite the surge in tax revenues, the budget doesn't add...
PUBLIC FINANCE > Budget > FY 2022
Jul 08, 2021
PUBLIC FINANCE > Budget > FY 2022
The Massachusetts Taxpayers Foundation recommended last week that tax revenue estimates be upgraded by a minimum of $3.8 billion, and the big question is how negotiators will choose to allocate those unanticipated revenues.
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PUBLIC FINANCE > Budget > FY 2022
Jul 06, 2021
PUBLIC FINANCE > Budget > FY 2022
Doug Howgate, executive vice president of the business-backed Massachusetts Taxpayers Foundation, said the magnitude of the federal response is unprecedented and requires the balancing of speed and strategy to create long-term benefits with one-time...
PUBLIC FINANCE > Budget > FY 2022
Jun 28, 2021
PUBLIC FINANCE > 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...
PUBLIC FINANCE > Budget > FY 2021
Jun 28, 2021
PUBLIC FINANCE > Taxes > Income Tax
Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, said she wasn’t surprised that the Supreme Court decided to stay out of the case, especially since the Baker administration eventually set an end date for the...
PUBLIC FINANCE > Taxes > Income Tax
Jun 28, 2021
PUBLIC FINANCE > Budget > FY 2022
But this year the Bay State is expected to end the fiscal year with a tax revenue surplus of more than $3 million. The Massachusetts Taxpayers Foundation, a fiscal watchdog group, says the state has so far collected $3.95 billion more than it...
PUBLIC FINANCE > Budget > FY 2022