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Displaying 221-230 of 643
Jul 12, 2021
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Jul 12, 2021
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Doug Howgate, executive vice president at the Massachusetts Taxpayers Foundation, said that many business owners would gladly accept the tradeoff inherent in the Legislature’s approved budget, given that they still stand to save a substantial amount of money. Under the provision, use of the…
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Jul 12, 2021
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Jul 12, 2021
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"Achieving a balance well in excess of $5 billion is a critical goal for the Commonwealth as we build our economic recovery and prepare for future challenges," the Massachusetts Taxpayers Foundation wrote in a report about the budget redraft.
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Jul 09, 2021
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Jul 09, 2021
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The House and Senate have enacted a $48.1 billion fiscal year (FY) 2022 budget, about a week after the start of the new fiscal year. The budget now moves to the Governor’s desk, where he has ten days to sign the budget and return vetoes and amendments.
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Jul 09, 2021
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Jul 09, 2021
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The tax revenue upgrade allowed budget writers to eliminate the proposed use of one-time revenues, including a plan to tap the state's "rainy day'' or stabilization fund to balance the budget. Despite the surge in tax revenues, the budget doesn't add significant new annual spending not proposed by…
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Jul 08, 2021
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Jul 08, 2021
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The Massachusetts Taxpayers Foundation recommended last week that tax revenue estimates be upgraded by a minimum of $3.8 billion, and the big question is how negotiators will choose to allocate those unanticipated revenues.
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Jul 06, 2021
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Jul 06, 2021
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On behalf of the Massachusetts Business Coalition on Skills (MBCS), we are writing in support of H.666 / S.348 and H.652 / S.357 because they increase access to career/vocational technical education (CVTE) in Massachusetts. The MBCS – a coalition of 28 diverse business organizations from across the…
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Jul 06, 2021
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Jul 06, 2021
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Doug Howgate, executive vice president of the business-backed Massachusetts Taxpayers Foundation, said the magnitude of the federal response is unprecedented and requires the balancing of speed and strategy to create long-term benefits with one-time money. “There’s always going to be this balance…
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Jun 28, 2021
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Jun 28, 2021
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The House and Senate, working with the Administration, need to adjust assumed FY 2022 tax collections and determine how that adjustment will impact the budget and the state’s fiscal health. This bulletin examines likely tax upgrade scenarios and the impact of those scenarios on the state’s…
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Jun 28, 2021
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Jun 28, 2021
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The Massachusetts Taxpayers Foundation, a business-backed research institute, predicted that the state would end the fiscal year in less than three days with a sizable surplus that would allow lawmakers to cover additional spending and deposit money into the “rainy day” account.
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Jun 28, 2021
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Jun 28, 2021
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Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, said she wasn’t surprised that the Supreme Court decided to stay out of the case, especially since the Baker administration eventually set an end date for the policy of 90 days after the state of emergency’s…
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