Displaying 11–20 of 473
Mar 31, 2022
PUBLIC FINANCE > Taxes
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...
PUBLIC FINANCE > Taxes
Feb 28, 2022
PUBLIC FINANCE > Budget > FY 2022
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,...
PUBLIC FINANCE > Budget > FY 2022
Feb 23, 2022
PUBLIC FINANCE > Taxes
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...
PUBLIC FINANCE > Taxes
Jan 26, 2022
PUBLIC FINANCE > Budget > FY 2023
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...
PUBLIC FINANCE > Budget > FY 2023
Jan 14, 2022
PUBLIC FINANCE > Budget > FY 2023
Budget leaders from the House, Senate, and Administration have agreed on $36.9 billion as the consensus tax revenue figure for the fiscal year 2023 budget. Budget makers expect tax revenues to grow by $967 million (2.7 percent) over estimated FY 2022...
PUBLIC FINANCE > Budget > FY 2023
Jan 12, 2022
PUBLIC FINANCE > Taxes
On behalf of the Massachusetts Taxpayers Foundation, I write to express my support for House Bill 2881: An Act Relative to the Massachusetts Estate Tax Code. Massachusetts Taxpayers Foundation is a non-partisan, nationally recognized, non-profit...
PUBLIC FINANCE > Taxes
Jan 11, 2022
HEALTH CARE
To truly advance its equity goals, Massachusetts must take a leadership role in collecting and analyzing racial and ethnic health disparities, a new Massachusetts Taxpayers Foundation report suggests. The report underlines how Massachusetts must...
HEALTH CARE
Dec 21, 2021
PUBLIC FINANCE > Budget > FY 2022
Massachusetts experienced a startling $4.5 billion surge in tax revenues in FY 2021 representing 15 percent growth in the midst of the pandemic. MTF projects that FY 2022 revenue growth will remain strong, reaching $37.2 billion or $2.9 billion above...
PUBLIC FINANCE > Budget > FY 2022
Dec 14, 2021
EDUCATION
Over the last two years, the federal government has spent trillions of dollars to combat the COVID-19 pandemic and spur an equitable economic recovery. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Coronavirus Response and...
EDUCATION
Dec 02, 2021
PUBLIC FINANCE > Budget > FY 2022
Today, the House and Senate passed a $4 billion spending bill which uses the remaining fiscal year 2021 surplus and up to $2.55 billion in Fiscal Recovery Funds provided through the American Rescue Plan.  The compromise legislation increases...
PUBLIC FINANCE > Budget > FY 2022