In The News: Taxes

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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.
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SJC knocks millionaires tax off November ballot

Jun 18 2018

By Michael Jonas, CommonWealth Magazine

he Massachusetts Taxpayers Foundation, one of five plaintiffs challenging the ballot question, hailed the ruling. “Today is a great day for all Massachusetts taxpayers because the court has upheld the time-honored constitutional principle that limits the initiative process,” Eileen McAnneny, the group’s president, said in a statement. “By rejecting the notion that a small special interest group can usurp legislative power by including unrelated tax and spending provisions in the same ballot initiative, the court has preserved the state’s ability to make deliberative and fiscally sound choices.”
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‘Millionaire Tax’ Ballot Question Struck Down in MA

Jun 18 2018

By Jack Huffman, Courthouse News Service

The Massachusetts Taxpayers Foundation meanwhile celebrated the ruling for backing “the time-honored constitutional principle that limits the initiative process.” “By rejecting the notion that a small special interest group can usurp legislative power by including unrelated tax and spending provisions in the same ballot initiative, the court has preserved the state’s ability to make deliberative and fiscally sound choices,” the organization said in a statement.
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Court blocks 'millionaire tax' question from state ballot

Jun 18 2018

AP / The Montreal Gazatte

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, which joined in the lawsuit, said after the ruling that Monday was “a great day for all Massachusetts taxpayers,” because the court had upheld longstanding limitations on ballot questions. “By invalidating this ballot initiative, the court has signaled that the end does not justify the means, no matter how popular the proposal,” she said in a statement.
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Massachusetts Supreme Judicial Court Scratches 'Millionaires Tax' From The Ballot

Jun 18 2018

By Paul Tuthill, WAMC

One of the plaintiffs in the suit, Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, is very pleased with the court’s decision. "There were enormous fiscal, legal, and economic implications of this ballot initiative, so I am very glad the court found in our favor," said McAnneny.
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Relief and dismay as court strikes down millionaire's tax ballot question

Jun 18 2018

By Shira Schoenberg, MassLive

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, called it a "great day for all Massachusetts taxpayers." "By rejecting the notion that a small special interest group can usurp legislative power by including unrelated tax and spending provisions in the same ballot initiative, the court has preserved the state's ability to make deliberative and fiscally sound choices," McAnneny said.
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Reaction to SJC's tax ruling runs gamut from jubilation to outrage

Jun 18 2018

State House News Service / The Lowell Sun

"This case was not about whether a graduated income tax is good public policy or bad public policy, it was about how the proponents tried to achieve it -- a method in direct violation of the Constitution under which the Legislature's deliberative taxing and spending authority would have been severely limited.

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WBUR Poll: Ballot Questions On Sales Tax Rollback And 'Millionaire's Tax' Maintain High Support

May 31 2018

By Steve Brown, WBUR

When it comes to the millionaire's tax, Eileen McAnneny, president and secretary of the Massachusetts Taxpayers Foundation, said she's concerned about volatility, as well as revenues drying up in economic downturns. "So you build in a billion dollars more in education, and the money is there one year, and it's not the next," she said. "But the programs and all that are in place, and so it creates more challenges in the budget."
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Tax could deflate state's economy

Mar 15 2018

The Eagle Tribune

The president of the Massachusetts Taxpayers Foundation told the assembled lunchtime crowd that the state's economy was strong. What's more, the economic recovery has lasted longer than those in the past, and state tax receipts are coming in above estimates. Still, McAnneny worries about clouds on the horizon -- that extra tax money may be coming from folks who tried to pay their taxes early, ahead of federal reform efforts. The state still isn't setting enough money aside in its "rainy day" fund to satisfy credit rating agencies like Moody's and Standard & Poor's.
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Editorial: Bay State’s golden geese

Feb 18 2018

The Boston Herald

Mass. Taxpayers agrees, noting “Massachusetts already has a migration problem.” A net 475,000 people ($18.9 billion in adjusted gross income) left the state from 1993 to 2016. “The additional 4 percent income surtax will surely drive more Massachusetts taxpayers to change their state of tax residency.”
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