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Oct 29, 2021
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Oct 29, 2021
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State representatives then proposed 1,128 amendments seeking another $5.8 billion, according to the Massachusetts Taxpayers Foundation.
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Oct 28, 2021
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Oct 28, 2021
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Baker split his proposal to use $2.9 billion of state government’s ARPA funds and its surplus tax revenue into separate bills. In an analysis published Monday afternoon, the Massachusetts Taxpayers Foundation said the House Ways and Means Committee’s proposal landed about $518 million lower than…
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Oct 26, 2021
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Oct 26, 2021
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Baker split his proposal to use $2.9 billion of state government’s ARPA funds and its surplus tax revenue into separate bills. In an analysis published Monday afternoon, the Massachusetts Taxpayers Foundation said the House Ways and Means Committee’s proposal landed about $518 million lower than…
News Item
Oct 26, 2021
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Oct 26, 2021
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Earlier today, the House Committee on Ways & Means (HWM) released their plan to spend $3.65 billion in federal Fiscal Recovery Funds (FRF) and fiscal year (FY) 2021 surplus dollars on a variety of programs and policies intended to spur the Commonwealth’s ongoing recovery.
The $3.65 billion in…
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Oct 21, 2021
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Oct 21, 2021
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Prior to the end of formal sessions in calendar year 2021, the Legislature has two major public finance tasks before it:
Determine how to use the fiscal year (FY) 2021 budget surplus; and
Appropriate Fiscal Recovery Funds (FRF), provided through the American Rescue Plan, to sustain and…
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Oct 14, 2021
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Oct 14, 2021
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Chakrabarti and Stacy were brought together by the Massachusetts Taxpayers Foundation for a discussion about an equitable economic recovery as part of the think tank’s forum series focused on ARPA. MTF in May published a report titled Closing the Racial Divide in the U.S. and Massachusetts: A…
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Oct 14, 2021
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Oct 14, 2021
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On October 14th, MTF hosted a third virtual forum exploring what ARPA means for Massachusetts. The event focused on how Massachusetts and its communities can support an inclusive and equitable pandemic recovery. A moderated discussion on the topic was preceded by presentations from Dr. Christina…
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Sep 29, 2021
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Sep 29, 2021
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Immediate Opportunities for Fiscal Recovery Funds and the two-page MTF in Brief highlight existing programs that can use Fiscal Recovery Funds right away to help the state address four key priority areas:
• Pandemic recovery;
• Barriers to prosperity;
• …
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Sep 15, 2021
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Sep 15, 2021
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This MTF Brief summarizes the key elements of the Governor’s proposal
Fiscal background:
Massachusetts ended FY 2021 with $34.1 billion in tax revenue - $5 billion higher than the revenue benchmark established in January.
$1.1 billion of this surplus is due to capital gains collections that…
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Aug 26, 2021
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Aug 26, 2021
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“The low exemption has made it essentially a middle-class tax burden if you own real estate in the Commonwealth,” notes Eileen McAnneny, president of the Massachusetts Taxpayers Foundation.
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