In The News

Big question for lawmakers: When will downturn come?

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Dec 6 2018

By Katie Lannan, State House News Service / CommonWealth Magazine

Massachusetts Taxpayers Foundation President Eileen McAnneny, whose prepared testimony was titled “Are the Good Times Already Over?”, urged budget-writers to be cautious of “pre-recession warning signs” in labor markets, home sales, the auto industry, business investments and oil prices.
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Our view: Saving for a rainy day

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Dec 6 2018

Gloucester Daily Times

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said there are already “pre-recession warning signs” everywhere from labor markets to the oil industry. “By historic markers, we are on borrowed time,” she said.
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Massachusetts budget experts predict slow tax revenue growth in FY2020

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Dec 5 2018

By Shira Schoenberg, MassLive

The business-backed Massachusetts Taxpayers Foundation and the right-leaning Beacon Hill Institute both predicted slightly higher tax revenue growth of around 2.4 percent, representing total revenues in the range of $29.5 billion to $30.3 billion. Massachusetts has an aging workforce. The foundation also points to a number of "pre-recession warning signs," including slowdowns in the labor market, home sales and auto sales and declining oil prices.
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Groups urge performance-based funding for colleges

Dec 4 2018

By Christian Wade, Gloucester Daily News

The state ditched performance-based funding for community colleges several years ago, but a new report recommends taking another look at the system. The report released Tuesday by the Boston Foundation and Massachusetts Taxpayers Foundation says the approach showed signs of success during the three years it was used.
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Coming Up: Yet Another State Report On Transportation Needs

Dec 1 2018

By Bob Salsberg, AP / WBUR

An analysis last year by the Massachusetts Taxpayers Foundation showed capital spending on transportation doubled in the 10 years following that report, and the state spent $16 billion on roads and bridges. Still, infrastructure woes have persisted and in some cases mounted, in part due to the failure of the Boston-area transit system known as the T to curtail operating expenses, the group said.
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Report Adds Up Toll of Opioids

Nov 26 2018

By Chris Lovett, BNN News

Eileen McAnneny, President of the Massachusetts Taxpayers Foundation, talks about it report on the cost of the opioid crisis, in human, economic, and fiscal terms. Interview for BNN News.
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Narcan Made Available at Construction Sites Amid Opioid Crisis

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Nov 19 2018

By Caroline Connolly, NECN

Last week, a report from the Massachusetts Taxpayers Foundation found that businesses in the state have been losing billions annually due to absent or unproductive workers who are addicted to opioids. According to Botticelli, companies like Shawmut can help turn things around.
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'We Can't Afford to Not Take Action': Leaders Discuss Economic Impact of Opioid Crisis

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Nov 16 2018

By Caroline Connolly, NBC 10

According to a report from the Massachusetts Taxpayers Foundation, employers have lost likely more than $2.5 billion annually due to employees who skip work or underperform because of their addiction. In addition, treating those people through opioid programs and services across systems in Massachusetts is estimated to be at least $5.5 billion.
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Opioid epidemic costing Massachusetts employers billions

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Nov 14 2018

By Colin Young, The Telegram / State House News Service

“MTF hopes this report catalyzes greater urgency and engagement from all segments of our society in the battle against the scourge of this epidemic — particularly among Massachusetts employers — by exploring and explaining the economic and fiscal impacts of the opioid epidemic on the state,” the group wrote. “We have no illusions that this crisis is fundamentally about economics. While the opioid epidemic is causing considerable costs across all major systems in our state, the primary costs of this crisis are its impact on human lives — and these are incalculable.”
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Report: Opioid epidemic keeps jobs unfilled

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Nov 14 2018

WBJournal

According to a new report, the opioid epidemic is costing Massachusetts businesses more than $2.5 billion annually. The report from Boston public policy nonprofit Massachusetts Taxpayers Foundation said that figure comes from lost productivity and absenteeism and presenteeism.
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