Displaying 1–10 of 259
Jan 15, 2025
BUDGET & TAXES > Budget > FY 2026
Wrestling those amped-up spending appetites and underwhelming revenue trends back into alignment will remain a theme as lawmakers and the Healey administration embark on a 2025-26 session that also presents an array of opportunities and challenges...
BUDGET & TAXES > Budget > FY 2026
Dec 03, 2024
BUDGET & TAXES > Budget > FY 2026
“We don’t know what’s going to happen,” Massachusetts Taxpayers Foundation President Doug Howgate said at the hearing.“There’s no need to kind of panic or take action for things that are unknown,” Howagate added. But he cautioned budget writers...
BUDGET & TAXES > Budget > FY 2026
Oct 19, 2024
BUDGET & TAXES > Taxes > Property Tax
On behalf of the Greater Boston Chamber of Commerce, the Massachusetts Taxpayers Foundation, NAIOP Massachusetts, and the Boston Municipal Research Bureau, we write regarding H.4942, An Act relative to property tax classification in the city of...
BUDGET & TAXES > Taxes > Property Tax
May 03, 2024
BUDGET & TAXES > Budget > FY 2024
The wide swing indicates the state is still navigating an atypical time, particularly with collections in some areas, such as sales tax revenue, still falling below expectations, said Doug Howgate, president of the Massachusetts Taxpayers Foundation,...
BUDGET & TAXES > Budget > FY 2024
Jan 04, 2024
BUDGET & TAXES > Budget > FY 2024
Doug Howgate, the president of the Massachusetts Taxpayers Foundation, said the numbers suggest to him that it’s time for Gov. Maura Healey to revise downward the tax revenue forecast for this year by about $1 billion and begin to pare back spending...
BUDGET & TAXES > Budget > FY 2024
Dec 10, 2023
BUDGET & TAXES > Budget > FY 2025
Analysts with the Massachusetts Taxpayers Foundation believe the hiring spree in the wake of the COVID-19 pandemic will slow, as will wage and salary growth, contributing to the sluggish withholding tax revenues.MTF and several other economic experts...
BUDGET & TAXES > Budget > FY 2025
Dec 05, 2023
BUDGET & TAXES > Budget > FY 2024
State revenues including surtax collections need to increase 5.7 percent over the fiscal 2023 total to hit the fiscal 2024 benchmark, according to Doug Howgate, president of the Massachusetts Taxpayers Foundation. Five months in, the growth so far...
BUDGET & TAXES > Budget > FY 2024
Dec 04, 2023
BUDGET & TAXES > Budget > FY 2025
That’s actually a conservative number. According to revenue forecasts prepared by the nonpartisan Massachusetts Taxpayers Foundation, when excluding the surtax takings, the state will end the fiscal year close to $880 million shy of its own revenue...
BUDGET & TAXES > Budget > FY 2025
Sep 27, 2023
BUDGET & TAXES > Taxes
The driver of all the disruption: a shift to remote work that took hold when COVID hit, but has quickly become a permanent change in how white-collar workers do their jobs. The report says the rate is now “settling” at about 30 percent of work being...
BUDGET & TAXES > Taxes
Sep 26, 2023
BUDGET & TAXES > Taxes
Doug Howgate, president of the business-backed Massachusetts Taxpayers Foundation, said he was happy the negotiators included just about every element in both the House and Senate proposals, even if some were scaled back.
“They really included...
BUDGET & TAXES > Taxes