The Commonwealth of Massachusetts may be on track to end fiscal year 2019 with a surplus of approximately $522 million according to a new analysis. MTF outlined a framework for handling any fiscal 2019 surplus, including (1) Add to the state’s “rainy...

As you know, tax revenue collections through May 2019 exceeded expectations by $952 million. If this strength continues through June, budgeted tax revenue will grow nearly seven percent over the strong fiscal 2018 collections.

We are a diverse group of organizations with business constituencies, united by the once-in-a generation opportunity to modernize and decarbonize our transportation system. We are writing to you for two reasons. First, we strongly support the work of...

In furtherance of this mission, I write today in support of H.3507, the proposal to change state laws related to local zoning to encourage housing development in Massachusetts.

The Massachusetts Taxpayers Foundation asks lawmakers to consider five questions before casting their votes: 1) Does this income tax surcharge meet the standards of a sound tax policy? 2) Will the estimated $1.9 billion in new tax revenue materialize...

Last week, the Massachusetts State Senate finalized its version of the fiscal year 2020 budget after considering the Senate Committee on Ways and Means (SWM) budget proposal and the 1,142 amendments filed by Senators. The differences between the...

On May 7, the Senate Committee on Ways and Means (SWM) unveiled their budget proposal for state fiscal year 2020, which begins July 1, 2019. The proposal, the first under new Chair Michael J. Rodrigues, authorizes $43.2 billion in spending in fiscal...

Eileen McAnneny, the President of the Massachusetts Taxpayers Foundation (MTF), reacted today to the announcement of April tax revenue collections by the Massachusetts Department of Revenue (DOR). “Robust revenue collection is a good news story,”...