As cities like Boston continue to navigate changes in urban economies resulting from the ongoing pandemic recovery, a new report from the Massachusetts Taxpayers Foundation (MTF) details the challenges and opportunities that lie ahead. Urban...

The State’s Workforce Investments – Most Important Things to Know1.;State investments in workforce programs have significantly increased over the past five years. In FY 2023, policymakers increased workforce spending by $214 million (62 percent) over...

Six months after Governor Healey filed her administration’s original tax relief bill and one month after a Fiscal Year (FY) 2024 budget that reflects the cost of a tax relief package was signed into law, House and Senate conferees have yet to produce...

Over the last two years, the federal government has made unprecedented investments in transportation, climate resiliency, and economic development infrastructure through three pieces of legislation: the Infrastructure Investment and Jobs Act (IIJA),...

On August 9th, Governor Healey signed the Fiscal Year (FY) 2024 budget; sending back $272 million in gross spending vetoes ($205 million net), amending 8 outside policy sections, and vetoing one policy section. The Governor’s vetoes eliminate the...

The House and Senate are set to enact a Fiscal Year (FY) 2024 budget, totaling $56.2 billion. The conference committee report was filed on July 30th, one month after the start of the new fiscal year. This year, separate tax bill negotiations, the new...

As states across the country, including Massachusetts, are facing workforce shortages, employers are struggling to hire the talent they need to succeed and remain competitive in the marketplace. While there are many reasons behind the shortages, a...

The House and Senate have both unanimously passed major tax relief legislation in the last two months and a Conference Committee has been appointed to resolve differences. While both bills share many major elements, the bills differ in scope,...

Fiscal Year (FY) 2024 is just over two weeks away and House and Senate budget negotiators are in the process of reconciling countless spending, policy, and technical differences between the two bills. This year, the always complex budget negotiation...

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...