In its fiscal 2016 budget, the Senate proposed increasing the state’s earned income tax credit (EITC), raising personal exemptions, and funding those measures by freezing the income tax rate at 5.15 percent with the goal of increasing the state’s...

The Massachusetts Taxpayers Foundation (MTF) appreciates the opportunity to comment on the Foundation Budget Review Commission’s proposals on health care and special education costs. There is clear agreement that the growth in health care costs since...

Due to the urgency of fixing the MBTA and the need for the public transit system to be reliable and fully functional, the undersigned business organizations are requesting policy makers to address the following issues:

“We are at a pivotal moment for the MBTA and our economy,” said Eileen McAnneny, President of the MTF. “Now that the breadth and severity of the problems confronting the MBTA have been revealed and the price of inaction is evident, we have a real...

Foundation President Eileen McAnneny testified in support of House Bill 62, An Act to Support Working Families, and in particular the proposal to link expanding the state’s earned income tax credit with repeal of the state’s film tax credit. This...

MTF joined seven other business organizations in support of Senate Docket 883, An Act to Enhance Employment Opportunities, that updates the state's independent contract law to maintain and grow Massachusetts’ economy.

The FY 2016 budget has been hampered by a large structural gap that is the result of $1.2 billion in one-time funds used in FY 2015 and $1.5 billion in spending growth for non-discretionary accounts. That $2.7 billion total shortfall is offset by tax...