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“It’s unlikely that the Legislature would make any significant moves in the short term,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. “It could be a couple of years before they see how this all plays fiscally.”

But during the press conference, Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the structure of Ballot Question 1, which requires a constitutional amendment to take effect, is “really problematic. ”Should unexpected adverse economic consequences arise from the surtax,…

“(The) Massachusetts economy is in a period of transition, we know we’re against a backdrop of high inflation, we have labor shortages, an uptick of remote work, and employers and employees have more options of where to locate than ever before,” Eileen McAnneny, president of the nonpartisan…

Surtax supporters have dubbed the measure the “fair share amendment,” but Massachusetts Taxpayers Foundation President Eileen McAnneny said Wednesday during a press conference hosted by the Coalition to Stop the Tax Hike Amendment that the “notion that millionaires don’t pay their fair tax and that…

This November, voters will decide whether or not to approve a ballot initiative that would impose a new tax on income over a million dollars. If approved, this change to the state’s constitution takes effect on January 1, 2023. MTF does not support this initiative out of concern for its fiscal and…

“By forgiving these expenses, I think fewer people will qualify for the tuition deduction,” Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, told the Herald. “In some way, we might see a slight bump in income tax collections because fewer people will qualify for the deduction.”

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state balance sheet is strong enough for Beacon Hill to still carry out its economic development agenda. Year-over-year tax collections grew over 20 percent, and the state surplus is at an eye-popping $4.9 billion. There…

Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, said she thinks it’s possible. And she questioned whether it made sense to impose what she considers a politically risky tax on millionaires when the cap is simply going to return a large portion of the revenue the tax will…

The Massachusetts Taxpayers Foundation, a business-backed budget watchdog, projected last week that lawmakers will have a surplus of nearly $3.6 billion from the fiscal year that ended last week, an amount it called “historic.”