Related to PUBLIC FINANCE
- Policy Areas
- Policy Area
Displaying 51-60 of 643
Jun 15, 2023
News Item
Jun 15, 2023
News Item
Doug Howgate, president of the Massachusetts Taxpayers Foundation, praised the Senate’s plan for a “commitment to meaningful reform” but said the exclusion of capital gains tax cut, as well as a scaled back estate tax relief and limited child tax credits, “undercut our collective ability to meet…
News Item
Jun 08, 2023
Publication
Jun 08, 2023
Publication
Today, the Senate Committee on Ways and Means (SWM) released its tax relief proposal. The plan, which mirrors the tax bill passed by the Senate in 2022, includes seven major tax relief provisions and carries an estimated Fiscal Year (FY) 2024 cost of $594 million.1 Like Governor Healey’s proposal,…
Publication
May 26, 2023
Publication
May 26, 2023
Publication
After four days of debate, the Senate finalized its $55.9 billion Fiscal Year (FY) 2024 budget; adding $82.2 million in new spending and 34 outside policy sections.
The Senate took action on 1,049 amendments through a combination of standalone votes and amendment ‘bundles,’ which categorically…
Publication
May 18, 2023
Publication
Publication
May 09, 2023
Publication
May 09, 2023
Publication
The Fiscal Year (FY) 2024 budget process reached another milestone today with the release of the Senate Committee on Ways and Means (SWM) budget proposal. The $55.9 billion SWM spending plan differs from earlier proposals as it was not released in conjuncture with a tax reform bill. However, the…
Publication
May 05, 2023
News Item
May 05, 2023
News Item
Doug Howgate, president of the Massachusetts Taxpayers Foundation, said while April's revenue numbers are "jarring" they’re "not necessarily surprising given the recognition that capital gains and other collection types were likely to decline sharply from last year’s levels."
He said the revenue…
News Item
May 05, 2023
News Item
May 05, 2023
News Item
That includes a drop in capital gains collections this year after they were “just through the roof” over the past two years and the likelihood that pass-through-entities would claim credits owed to them by the state, which in turn lowered how much they paid, said Doug Howgate, president of the…
News Item
May 04, 2023
Publication
May 04, 2023
Publication
Major Trends in Local Finance
Municipal revenues and expenditures increased by 5.7 percent ($1.8 billion) from fiscal year (FY) 2021 to FY 2022; the highest rate of growth since FY 2007. The strong rate of growth in FY 2022 is partially the residue of the pandemic. In FY 2021, municipal resources…
Publication
May 03, 2023
News Item
May 03, 2023
News Item
Doug Howgate, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog, said that while jarring, the numbers aren’t surprising given that some pots of revenue were never going to sustain the peaks of years past. “Today’s revenue collections doesn’t change the…
News Item
May 03, 2023
News Item
May 03, 2023
News Item
Massachusetts Taxpayers Foundation President Doug Howgate said the consensus revenue estimate crafted by legislative and administration budget chiefs assumed the impacts from a capital gains slowdown and PTE credits would be "staggered over '23 and '24."
"The number is jarring, but I'm not sure '…
News Item