Displaying 61–70 of 426
May 24, 2023
ECONOMIC DEVELOPMENT & COMPETITIVENESS
2021 tax returns showed nearly 38,000 Massachusetts residents between the age of 26 and 35 moved out of the state in 2020.
"You expect to see 26- to 35-year-olds move in and out a lot," said Massachusetts Taxpayers Foundation President Doug...
ECONOMIC DEVELOPMENT & COMPETITIVENESS
May 23, 2023
ECONOMIC DEVELOPMENT & COMPETITIVENESS
Massachusetts had the lowest rental vacancy rate in the U.S. in 2022 and the second-highest median rents, Boston features the second-highest traffic delay times in the nation, and the state recently posted its highest outmigration numbers in 30 years...
ECONOMIC DEVELOPMENT & COMPETITIVENESS
May 22, 2023
ECONOMIC DEVELOPMENT & COMPETITIVENESS
But I like its latest report — a package of charts — because it highlights the full range of challenges facing the state. Here are some of the data points I found noteworthy.
On housing costs:
Massachusetts had the lowest apartment vacancy...
ECONOMIC DEVELOPMENT & COMPETITIVENESS
May 06, 2023
BUDGET & TAXES > Budget > FY 2023
Doug Howgate, president of the Massachusetts Taxpayers Foundation, said while April's revenue numbers are "jarring" they’re "not necessarily surprising given the recognition that capital gains and other collection types were likely to decline sharply...
BUDGET & TAXES > Budget > FY 2023
May 05, 2023
BUDGET & TAXES > 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...
BUDGET & TAXES > Budget > FY 2024
May 03, 2023
BUDGET & TAXES > 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...
BUDGET & TAXES > Budget > FY 2023
May 03, 2023
BUDGET & TAXES > 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 ...
BUDGET & TAXES > Budget > FY 2023
May 03, 2023
BUDGET & TAXES > 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...
BUDGET & TAXES > Budget > FY 2023
Apr 12, 2023
BUDGET & TAXES > 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...
BUDGET & TAXES > Taxes
Apr 11, 2023
BUDGET & TAXES > 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...
BUDGET & TAXES > Taxes