Displaying 71–80 of 292
Jan 01, 2022
PUBLIC FINANCE > Taxes
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, noted that the risk of losing the state's aging population to other states like Florida and New Hampshire already has a ripple effect on the state's other revenues, including...
PUBLIC FINANCE > Taxes
Dec 22, 2021
PUBLIC FINANCE > Revenue
The Massachusetts Taxpayers Foundation has long argued that an aging, retiring workforce will cause challenges in Massachusetts. Goodman said COVID has sped up that challenge. While in past recessions, older adults often delayed retiring for...
PUBLIC FINANCE > Revenue
Dec 22, 2021
PUBLIC FINANCE > Revenue
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted state revenue growth will remain “robust” in fiscal year 2022 at $37.2 billion, or about $3.1 billion higher than the previous fiscal year. “This growth of 9% is fueled...
PUBLIC FINANCE > Revenue
Dec 21, 2021
PUBLIC FINANCE > Revenue
The Massachusetts Taxpayers Foundation offered a mixed outlook, with President Eileen McAnneny forecasting that revenue growth will “remain robust” this fiscal year before flipping to a “completely different story” next year when the situation will...
PUBLIC FINANCE > Revenue
Dec 20, 2021
PUBLIC FINANCE > Revenue
The news, announced Friday afternoon, comes after the Massachusetts Taxpayers Foundation reported that, based on spending rates in September, the Commonwealth Cares for Children (C3) grants, which were launched over the summer, would be spent down by...
PUBLIC FINANCE > Revenue
Dec 17, 2021
PUBLIC FINANCE > Budget
“The net difference between where we thought we were going to be and where we are is literally billions of dollars,” said Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation. Howgate said early in the pandemic,...
PUBLIC FINANCE > Budget
Dec 16, 2021
PUBLIC FINANCE > Budget > FY 2022
Massachusetts Taxpayers Foundation executive vice president Doug Howgate said the number of earmarks in this item is not normal, but also not unheard of, especially in an arts, culture and tourism-related item. Earmarked items had been kept...
PUBLIC FINANCE > Budget > FY 2022
Dec 15, 2021
EDUCATION
In addition to other federal relief money, Massachusetts received $314 million in child care stabilization funds through the American Rescue Plan Act, according to a brief from the Massachusetts Taxpayers Foundation. States are required to spend 90...
EDUCATION
Dec 13, 2021
PUBLIC FINANCE > Budget > FY 2022
The spending itself is mostly concentrated on health care ($964 million), housing ($624 million), infrastructure ($414 million), education ($389 million) and economic development ($267 million), as well as on specific workforce issues ($500 million...
PUBLIC FINANCE > Budget > FY 2022
Dec 13, 2021
PUBLIC FINANCE > Budget > FY 2022
The bill the Legislature sent Baker was packed with earmarks — 843 in total, according to the Massachusetts Taxpayers Foundation, a business-backed budget watchdog. They funded everything from $500,000 for a rail trail in Lawrence to $300,000 for...
PUBLIC FINANCE > Budget > FY 2022