The Baker Administration filed an $18 billion, five-year transportation bond bill on July 25th for consideration by the legislature later in this legislative session. H.4002, An Act Authorizing and Accelerating Transportation Investment, requests the...

Though the Commonwealth’s fiscal year 2019 ended June 30th, decisionmakers must make several important decisions before the final accounting of the state’s finances for the year can be completed. Most importantly, lawmakers will determine how to...

I am writing today in support of House Bill 2446: An Act Relative to the Massachusetts Estate Tax Code. While the Foundation believes that the Massachusetts estate tax should mirror the federal estate tax, this bill would more closely align the...

The thirty-one Massachusetts organizations signing this letter collectively support the July 30 Senate Environment & Public Works (EPW) Committee’s unanimous approval of the America’s Transportation Infrastructure Act (ATIA). The ATIA would...

On behalf of the numerous businesses represented by the Massachusetts Taxpayers Foundation, I write to respectfully request that you report H.2606 – An Act Allowing for the Deduction of Business Interest – favorably from Committee at your earliest...

The Commonwealth Stabilization Fund, the state’s “rainy day” fund, is a critical component of the Commonwealth’s financial structure. For example, amid the Great Recession in fiscal 2009, budgeted tax revenue plummeted by nearly $2.7 billion compared...

Governor Charlie Baker signed his fifth General Appropriations Act (GAA) on Wednesday, July 31, 2019, giving his approval to $43.6 billion in spending appropriations. While choosing not to exercise his veto authority to reduce spending, the Governor...

I write to offer comments on the rule proposal entitled “Fiduciary Conduct Standard for Broker-Dealers, Agents, Investment Advisers and Investment Adviser Representatives”

Massachusetts legislators released their compromise plan for the fiscal 2020 budget, authorizing $43.6 billion in spending for the fiscal year that began July 1, 2019. The six-member budget conference committee reconciled the differences between the...