Displaying 71–80 of 173
Aug 10, 2020
PUBLIC FINANCE > Revenue
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the July numbers were perplexing. She said it was hard to understand how tax withholding – the amount withheld from worker paychecks and paid directly to the government in...
PUBLIC FINANCE > Revenue
Aug 10, 2020
PUBLIC FINANCE > Budget > FY 2021
In Massachusetts, which has the highest unemployment rate in the country at 17.4 percent, the pool of money that funds unemployment benefits has already gone into the red by more than $350 million, said Eileen McAnneny, president of the...
PUBLIC FINANCE > Budget > FY 2021
Aug 07, 2020
PUBLIC FINANCE > Taxes > Income Tax
The revenue department initially indicated it would collect income taxes in this manner from out-of-state residents until Baker lifted the state of emergency, according to Eileen McAnneny, president of the business-backed Massachusetts Taxpayers...
PUBLIC FINANCE > Taxes > Income Tax
Aug 06, 2020
PUBLIC FINANCE > Budget > FY 2021
"There's really no money for projects," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "The Legislature is facing a what we've estimated to be a $6 billion shortfall, and they will be forced to make drastic cuts to...
PUBLIC FINANCE > Budget > FY 2021
Aug 04, 2020
PUBLIC FINANCE > Budget
"There's so much up in the air right now," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "This will provide some stability for the state and local governments while they wait for details of a federal aid package." ...
PUBLIC FINANCE > Budget
Jul 28, 2020
PUBLIC FINANCE > Budget > FY 2021
“I’m not sure what the magic of the three months is,” Eileen McAnneny, president of the Taxpayers Foundation, said of the interim budget. “It provides some of the folks who are getting the money at least some certainty in the short term. But it doesn...
PUBLIC FINANCE > Budget > FY 2021
Jul 22, 2020
TRANSPORTATION
Aiello declined to comment on any discussions he had with Gov. Charlie Baker, but it’s likely the governor wanted to avoid a disruption in oversight of the agency at a very uncertain time. The MBTA balanced its fiscal 2021 budget using federal COVID...
TRANSPORTATION
Jul 11, 2020
TRANSPORTATION
The blow the coronavirus delivered to the MBTA may have long lasting financial impacts. By fiscal year 2022, the MBTA could have an operating budget deficit of more than $400 million, according to a new analysis released by the Massachusetts...
TRANSPORTATION
Jul 01, 2020
PUBLIC FINANCE > Budget > FY 2021
Any sort of budget debate without knowing the level of help from the federal government would be only a hypothetical exercise, said Eileen McAnneny, president of the taxpayers foundation. And Brooke Thomson, head of government affairs at Associated...
PUBLIC FINANCE > Budget > FY 2021
Jun 30, 2020
PUBLIC FINANCE > Budget > FY 2021
“These lower appropriation levels address the need for continuing government operations while adjusting for lower tax revenue collections, but even this reduced spending could prove to be overly optimistic should federal assistance levels fall short,...
PUBLIC FINANCE > Budget > FY 2021