In The News

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.
Full article
Forward to a friend

Baker’s $40.9B budget a 2.6% increase

in

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.
Full article
Forward to a friend

Experts: Proceed with caution under tax overhaul

in

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.
Full article
Forward to a friend

In budget proposal, Baker tries again to move 140,000 residents off Medicaid

in

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.
Full article
Forward to a friend

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.
Full article
Forward to a friend

Panel advised against hasty response to US tax overhaul

in

Jan 23 2018

By Bob Salsberg, AP / The News Tribune

The Massachusetts Taxpayers Foundation estimates that about a third of the state's taxpayers claim the deduction on state and local taxes, with the average deduction totaling about $17,000 in the 2015 tax year. The group estimates the $10,000 cap will result in the aggregate loss of about $7 billion in deductions.
Full article
Forward to a friend

New transportation commission assigned post-election deadline

Jan 23 2018

By Colin Young, State House News Service / The Lowell Sun

The administration first announced it would create this transportation review commission in September, after the Massachusetts Taxpayers Foundation released a report that was critical of the state for not having an updated blueprint of how it is going to address transportation infrastructure and financing needs in the next decade, saying such a blueprint is needed given the advances in technology and climate change.
Full article
Forward to a friend

Tax, spending questions abound as Baker readies budget plan

in

Jan 20 2018

By Bob Salsberg, AP / The Los Angeles Times

The foundation estimates that the state's first commercial pot shops — expected to begin opening this summer — could generate between $32 million and $54 million in sales and excises taxes for the state.
Full article
Forward to a friend

Accord points to unrestricted local aid boost of at least 3.5 percent

in

Jan 19 2018

By Michael Norton, State House News Service / The Lowell Sun

According to the Massachusetts Taxpayers Foundation, unrestricted local aid increased between fiscal 2016 and 2018 by 3.6 percent, 4.3 percent and 3.9 percent, respectively, while Chapter 70 aid increased by 2.54 percent, 2.58 percent and 2.57 percent.
Full article
Forward to a friend

Editorial: When sun shines, plan for rainy days

in

Jan 18 2018

Boston Business Journal

As you read the bullish reports in the economic outlook in this week’s pages, be aware that cloudless skies don’t mean a storm can’t hit. A recent Massachusetts Taxpayers Foundation report points out that the state’s overall budget has doubled from 15 years ago, while the so-called “rainy day fund” is $400 million lower. The time to plan for rainy days is now, before the economic storm clouds roll back in.
Full article
Forward to a friend
See our site policy on external link content.