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Displaying 121-130 of 643
Oct 26, 2022
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Oct 26, 2022
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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…
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Oct 01, 2022
News Item
Oct 01, 2022
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“Massachusetts has seen unprecedented surplus revenue,” says Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. An analysis by the public policy organization found the current surplus is the largest in recent history, far exceeding the $1 billion surplus the commonwealth…
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Sep 29, 2022
Publication
Sep 29, 2022
Publication
Fiscal year 2023 began several months ago, but the loose ends of an eventful FY 2022 provides a more intriguing budget plotline. Unprecedented tax collections, outstanding spending bills, and close to $3 billion in taxpayer refunds combine for a fascinating and confusing fiscal picture with major…
Publication
Sep 13, 2022
Publication
Sep 13, 2022
Publication
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…
Publication
Sep 07, 2022
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Sep 07, 2022
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“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.”
News Item
Aug 08, 2022
News Item
Aug 08, 2022
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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…
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Aug 06, 2022
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Aug 06, 2022
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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…
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Aug 05, 2022
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Aug 05, 2022
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“The surplus is a little bit larger than we initially anticipated, even a couple weeks ago,” said Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog that, as recently as last week, estimated the surplus could reach nearly $4.7 billion…
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Jul 29, 2022
Publication
Jul 29, 2022
Publication
Two straight years of surging tax collections have put in focus M.G.L.c. 62F, a little known state law that establishes a limit on allowable tax revenues. This brief summarizes the law and assesses what it could mean for fiscal year 2022 and beyond.
Publication
Jul 28, 2022
Publication
Jul 28, 2022
Publication
On July 28th, Governor Baker signed the FY 2023 budget. In doing so, the Governor essentially agreed with the legislative spending plan, vetoing just $475,000, however, he also proposed a number of changes to the policy provisions in the budget, returning 41 sections with amendment. This bulletin…
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