In The News: Taxes

View more in Taxes

Capital gains eyed by state rep. as way to boost revenue

Apr 19 2019

By Katie Lannan, State House News Service / The Lowell Sun

Massachusetts Taxpayers Foundation President Eileen McAnneny said lawmakers should be "very careful" in considering changes to the capital gains tax rate, warning of potential unintended consequences like discouraging people from investing or saving. McAnneny noted that money a person invests has often already been taxed when it is earned as income.
Full article
Forward to a friend

Editorial: Should Massachusetts continue its film tax credit?

Apr 5 2019

By Eileen McAnneny, The Boston Globe

The Massachusetts Taxpayers Foundation is an opponent of the film tax credits for two primary reasons: the inefficiency of the credit and the sub-optimal use of limited taxpayer resources.
Full article
Forward to a friend

‘Millionaire tax’ amendment rises again at Statehouse

Feb 10 2019

By Bob Salsberg, AP / Boston Herald

“It’s a different process and I think they’re right,” said Eileen McAnnenny, president of Massachusetts Taxpayers Foundation. “Because this is not a citizen’s petition the prohibitions don’t apply.”
Full article
Forward to a friend

Op-Ed: Ruling on millionaire tax right one constitutionally

Jul 3 2018

By Eileen McAnneny, CommonWealth Magazine

AS A PLAINTIFF in the lawsuit Anderson v. Attorney General, I applaud the court’s decision, although I don’t consider myself or the Massachusetts Taxpayers Foundation, the organization that I represent, the winner. The real winner is our democracy.

Full article
Forward to a friend

Lawmakers are looking at their own ‘millionaire’s tax,’ but it’s going to take a while

Jun 22 2018

By Joshua Miller, The Boston Globe

“The income surtax petition has raised legal, fiscal and economic concerns for the Massachusetts Taxpayers Foundation,” said Eileen McAnneny, the group’s president. While the high court’s ruling addressed the legal concerns, she said, “the fiscal and economic ones remain as does our apprehension of embedding a tax in the constitution. Given that our infrastructure continues to deteriorate, waiting another 4 years to have the legislature amend the constitution as Senator Lewis proposes is not the best path forward.” Instead, she said, the difficult conversations about how to comprehensively address the needs of the state in a way that helps rather than hinders the economy should begin right now.
Full article
Forward to a friend

Editorial: Taxing online retailers helps Mass. coffers

Jun 22 2018

The Boston Globe

Those governments are now expected to swiftly start forcing online vendors to collect taxes. The Department of Revenue downplayed Thursday the potential impact on state revenues, but Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, said the additional tax collections now could reach “potentially in the hundreds of millions.”
Full article
Forward to a friend

Massachusetts High Court Strikes Down Millionaire’s Tax

Jun 19 2018

By Aaron Nicodemus, BNA / Bloomberg

‘Logrolling’ Argument: Representatives for the business groups—Associated Industries of Massachusetts, the Massachusetts High Technology Council, the Massachusetts Taxpayers Foundation, the National Federation of Independent Businesses, and the Massachusetts Competitive Partnership—had argued that the amendment paired an unpopular provision (the graduated income tax) with two popular ones (funding for education and transportation), a practice known as logrolling.
Full article
Forward to a friend

With millionaires tax off the ballot, how else do we pay for transportation and education?

Jun 19 2018

By Shirley Leung, The Boston Globe

“We are not opposed to all taxes,” added Eileen McAnneny, president of the Massachusetts Taxpayers Foundation and whose group was a plaintiff in the SJC case. “In fact, we have supported new revenue for transportation and we will likely do so again.” But if Beacon Hill is going to raise taxes, McAnneny said lawmakers have got to build voter support and show why more money is necessary. “It’s never an easy task,” said McAnneny. “You have to lay the ground work.”
Full article
Forward to a friend

Supreme Judicial Court turns down surtax on annual household incomes over $1M

Jun 19 2018

By Jennifer Zarate, WWLP

The Massachusetts Taxpayers Foundation was one of five plaintiffs that challenged the ballot initiative, finding it "unconstitutional." President of the Massachusetts Taxpayers Foundation, Eileen McAnneny, told 22News, "It went far beyond the policy question of whether we should raise taxes on a subset of taxpayers. We opposed that for a number of reasons, but this question was not about that."
Full article
Forward to a friend

Proposed 'Millionaire Tax' Struck Down By Massachusetts High Court

Jun 18 2018

By Steve Brown, New England Public Radio

Attorney General Maura Healey ruled last year that the proposed amendment to the state’s constitution was legal, and qualified for the ballot, but opponents including executives from Associated Industries of Massachusetts, the Massachusetts Taxpayers Foundation, the Massachusetts High Technology Council and others disagreed. They took the AG to court to challenge the constitutionality of the amendment.
Full article
Forward to a friend
See our site policy on external link content.