In The News

Top earners could leave state, tax study finds

Feb 13 2018

By Christian Wade, The Daily News

The Massachusetts Taxpayers Foundation has estimated about 19,600 tax filers would be affected by the 4 percent tax, generating about $1.9 billion a year.
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Beacon Hill warms up to $3.5 B borrowing bill

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Feb 12 2018

By Michael Norton, State House News Service / The Gloucester Times

The out-of-pocket costs of retiring debt are reflected in Gov. Baker's fiscal 2019 budget, which sets aside $2.66 billion to make debt service payments over 12 months, a $49 million increase from this fiscal year's projected debt service spending, according to the Massachusetts Taxpayers Foundation.
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Transportation commission won’t look at revenues, financing

Feb 8 2018

By Bruce Mohl, CommonWealth Magazine

The idea for the commission came from the Massachusetts Taxpayers Foundation, which released a report in late September suggesting that a third transportation finance commission was needed because existing revenues were uncertain, particularly because of cutbacks in federal spending and the rise of ride-sharing and electric vehicles, both of which have the potential to upend funds coming in from the gas tax, the motor vehicles sales tax, and Registry and inspection fees.
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SJC reviews fight over ballot question on extra tax for incomes over $1 million

Feb 6 2018

By Jon Chesto, The Boston Globe

The plaintiffs who oppose it include top executives at Associated Industries of Massachusetts, the National Federation of Independent Business, the Massachusetts Taxpayers Foundation, Massachusetts High Technology Council, and the Massachusetts Competitive Partnership.
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High court to hear challenge to 'millionaire tax' question

Feb 5 2018

By Bob Salsberg, AP / The Boston Herald

The Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, the Massachusetts Competitive Partnership and the state chapter of National Federation of Independent Business also joined in the suit challenging Democratic Attorney General Maura Healey's 2015 ruling that certified the initiative petition.
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What was the Group Insurance Commission trying to do?

Jan 29 2018

By Bruce Mohl, CommonWealth Magazine

Eileen McAnnenny, a member of the Group Insurance Commission board and the president of the Massachusetts Taxpayers Foundation, said she abstained from the vote because she wanted more time to study the proposal. She said members raised concerns about the rushed process at the board meeting, but said there was no pushback on the goal of streamlining the Group Insurance Commission’s network of health plans. “This was part of a thoughtful continuous effort to reduce administrative overhead,” she said, noting that higher overhead typically translates into higher premiums.
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Baker’s $40.9B budget a 2.6% increase

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Jan 25 2018

By Bob Salsberg, AP / Daily Hampshire Gazette

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said her group would like more money directed to the reserve fund. But she praised Baker’s overall fiscal management. “I think limiting the growth in spending to the overall rate of revenue growth is really important,” she said.
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Experts: Proceed with caution under tax overhaul

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Jan 25 2018

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

The Massachusetts Taxpayers Foundation is "concerned long-term about potential impacts on federal revenue as our debt increases and federal spending could be reduced," McAnneny said. She said the law contains $6 trillion in cuts offset by $4.5 billion in hikes, for a net reduction in taxes of $1.5 trillion. What that revenue loss means for states is not yet clear, McAnneny said. Changes to Medicare reimbursement rates would have a "huge impact" on Massachusetts and its major health care sector, and it remains unseen if the federal government will partner with states on an infrastructure plan.
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In budget proposal, Baker tries again to move 140,000 residents off Medicaid

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Jan 24 2018

By Joshua Miller, The Boston Globe

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog, was more upbeat in her assessment. She praised Baker’s proposal for increasing funding for opioid addiction services, education, and aid to cities and towns. “My initial impression is a positive one,” she said.
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Baker launches commission to study transportation needs

Jan 23 2018

By Adam Vaccaro, The Boston Globe

One member of the new commission, Eileen McAnneny, is the president of the Massachusetts Taxpayers Foundation, a business-backed watchdog group. Last fall, the group published a report that called on the state to incorporate climate change into its planning, it would risk “exposing our transportation systems to potentially catastrophic damage or investing in obsolete assets.” The report also said the state could see lowered transportation-related revenue if electric-powered vehicles and ride-hailing services lead to lower gas tax collections and fees associated with car ownership.
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