Related to ECONOMY
- Policy Areas
- Policy Area
Displaying 71-80 of 105
May 19, 2021
News Item
May 19, 2021
News Item
Closing racial wealth gap could grow the Massachusetts economy by $25b over five years, according to report
If Massachusetts could close the wealth gap in Black and Latino communities, the state could grow its economy by $25 billion over five years, the equivalent of adding up to 100,000 jobs, according to an analysis by the Massachusetts Taxpayers Foundation. The 29-page report, to be released on…
News Item
Apr 23, 2021
News Item
Apr 23, 2021
News Item
Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation, said he thinks the state is right to take a careful approach with its federal aid and that it’s important legislators consider how the American Rescue Plan’s additional funding, such as for education and child care,…
News Item
Mar 01, 2021
Publication
Mar 01, 2021
Publication
The job loss related to COVID-19 has placed an unprecedented strain on our economy and our unemployment insurance (UI) system. The strain on the UI system creates two major policy challenges that require near-term action. First, unemployment taxes on employers are scheduled to skyrocket at the end…
Publication
Feb 27, 2021
News Item
Feb 27, 2021
News Item
“There’s absolutely a concern,” says Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, which published a recent report on the impact of telework on Massachusetts. “People have more choices than they did before the pandemic.”
News Item
Oct 28, 2020
News Item
Oct 28, 2020
News Item
The rise in the number of people suddenly seeking unemployment is expected to add to the per-employee cost of unemployment insurance. This insurance is paid by employers — at a rate that's already among the highest in the nation — and it could go up by 60% next year, according to the…
News Item
May 22, 2020
News Item
May 22, 2020
News Item
Even then, the Massachusetts Taxpayers Foundation projected the state’s tax collections in fiscal year 2021 could fall $6 billion short of earlier estimates.
News Item
May 18, 2020
Resource
May 18, 2020
Resource
On April 28, Governor Baker announced the formation of a 19-member Advisory Board to determine the best ways to open the economy. Chaired by Lt. Governor Polito and Secretary of Housing and Economic Development Michael Kennealy, along with representatives from businesses, public health and…
Resource
May 18, 2020
News Item
May 18, 2020
News Item
McAnneny now expects the shutdown to raise the state unemployment rate to 22 percent by the end of June. She projects that 323,000 jobs will be recovered by June 2021, but employment is unlikely to return to pre-pandemic levels before 2024. That will have a devastating effect on the state budget…
News Item
May 18, 2020
News Item
May 18, 2020
News Item
McAnneny said the foundation’s analysis was completed before Gov. Charlie Baker released his plan for the state’s reopening on Monday. She said the foundation’s analysis assumes that economic activity will resume this summer, but it will be slow and uneven, resulting in lower tax revenues. She said…
News Item
Apr 28, 2020
News Item
Apr 28, 2020
News Item
The Massachusetts Taxpayers Foundation, a budget watchdog group backed by businesses, estimated the state’s revenue for the next fiscal year could drop $3.9 billion, or 15 percent, below past projections. New York said revenues could fall by as much as $15 billion in its fiscal year that started…
News Item