The Senate begins its budget process today, with the release of the Senate Ways and Means proposal. The SWM budget follows a similar script to the House, foregoing a tax relief proposal put forward by Governor Baker and including hundreds of millions...

Over the past few years the issue of child care has gained momentum in national and state policy discussions. This has been especially true throughout the pandemic, as the public health emergency and economic fallout turned a dire child care...

The House wrapped up its budget deliberations this week, finalizing a $49.8 billion budget, after adding $129.6 million in spending through amendment over the course of 3 days of session.  The House acted on a record number of budget...

Earlier today, Governor Baker filed a combination economic development and COVID recovery bill that includes $1.3 billion in capital authorization, $2.3 billion in direct spending of remaining federal ARPA funds and 137 policy sections. This Brief...

The Briefing Covers:  MTF Preview: Economic Impact of Insufficient Child Care Child Care Funding 101 Early Education and Care Economic Review Commission Budget Updates What’s Next for MA Child Care Policy?  

The next stage in the fiscal year (FY) 2023 budget begins today with the release of the House Ways and Means (HWM) committee’s budget proposal. Like Governor Baker’s proposal released in January, the HWM budget makes historic investments in K-12...

Massachusetts is one of just twelve states that applies an estate tax to the assets of deceased residents. Even among the dozen states with an estate tax, the Massachusetts version stands out due to its low threshold ($1 million) and its application...

Governor Baker has put forward a $2.4 billion supplemental budget that uses $1.6 billion of the state’s fiscal year (FY) 2022 anticipated revenue surplus and several federal revenue sources to maintain and expand several COVID-19 related programs,...

On behalf of the Massachusetts Taxpayers Foundation, I write to express my support for An Act to Improve Massachusetts Competitiveness and Reduce the Cost of Living. The package proposed by Governor Baker is fiscally responsible and positions the...

Governor Baker’s Budget – Five Things to Know Among the many elements in Governor Baker’s budget, several proposals and assumptions stand out as being particularly notable.  Each of these items will play a significant role in the budget...