But tax reform can’t fall by the wayside again. Massachusetts is indeed a wonderful place to live — for those can afford it. So expanding the existing child and dependent care tax credit would, according to the Taxpayers Foundation, benefit more than...

According to the foundation, though, Healey should also consider changes that will encourage higher income workers to stay in and around Boston’s tech hub. “Crafting a package that takes on key costs for historically marginalized communities and...

Massachusetts Taxpayers Foundation President Doug Howgate said his preference would be for the Legislature to focus more on tax relief than altering Chapter 62F, although he also said MTF was “happy to look” at proposals for alteration. “The...

During discussion on how to best use those incoming funds on Tuesday, Massachusetts Taxpayers Foundation President Doug Howgate advocated for splitting the revenues 50/50, "half for transportation, half for education." Lawmakers have not committed to...

Doug Howgate, the president of the Massachusetts Taxpayers Foundation, says the law mentions only two pots for the money to go in. “The most straightforward way to do that is to distribute it 50-50,” he said. ...

Doug Howgate, president of the Massachusetts Taxpayers Foundation, testified he agrees with the overarching premise of Chapter 62F — namely that the state should be required to return excess tax revenues that far exceed projections back to...

The remaining majority of the dollars would come from estimated payments. Howgate said other non-withholding revenue sources like capital gains are based on the prior year’s tax liability, pushing out the date by which a clear picture of surtax money...

Doug Howgate, the president of the Massachusetts Taxpayers Foundation, said he projects that fiscal year 2024 state revenues will come in at $40.06 billion, an increase of $366 million or about 1 percent over fiscal 2023. “There are numerous cross...

Doug Howgate, president of the Massachusetts Taxpayers Foundation, stopped short of offering a surtax revenue projection in his testimony, citing a lack of information so far and the inherent volatility of the metric. The full impact of the surtax...

Doug Howgate, president of the business-backed Massachusetts Taxpayers Foundation, urged lawmakers on Tuesday to not use any of the revenue the tax generates this year, and to cap how much it dips into next year at $500 million while the state gains...