Displaying 11–20 of 185
Aug 05, 2021
ECONOMY
Another study from The Massachusetts Taxpayers Foundation supports that argument. It found that if Massachusetts could close the economic divide, the state's gross domestic produce would increase by $25 billion over five years. "Just to put that in...
ECONOMY
Aug 03, 2021
PUBLIC FINANCE > Budget > FY 2021
In late June, the Massachusetts Taxpayers Foundation published a seven-page analysis that projected the state could wind up with a discretionary surplus from fiscal 2021 of between $1.13 billion and $1.48 billion after accounting for an automatic...
PUBLIC FINANCE > Budget > FY 2021
Jul 22, 2021
PUBLIC FINANCE > Taxes
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, is urging lawmakers to consider doing the same. “Right now the burden of replenishing the fund falls solely on businesses when the cost really should be born more broadly,” she...
PUBLIC FINANCE > Taxes
Jul 20, 2021
PUBLIC FINANCE > Budget > FY 2022
Experts who testified suggested there may be room for both approaches. Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, suggested, similar to Baker, that lawmakers use some money now to ramp up existing programs and jumpstart the...
PUBLIC FINANCE > Budget > FY 2022
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." ...
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. ...
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. ...
PUBLIC FINANCE > Budget > FY 2022