Massachusetts budget experts predict slow tax revenue growth in FY2020

in

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.
Full article
Forward to a friend
See our site policy on external link content.