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Apr 30, 2020
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Apr 30, 2020
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To calculate several other expected revenues, the town is anticipating a 14.1 percent drop from previous predictions. This thinking, Mayo said, was influenced by the Massachusetts Taxpayers Foundation, which is predicting the state will see a 14.1...
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Apr 29, 2020
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Apr 29, 2020
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McAnneny, of the business-backed taxpayers foundation, says the CARES Act is "insufficient to mitigate the economic impacts of the pandemic." In her testimony earlier this month, McAnneny highlighted the role that federal funds can play by pointing...
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Apr 28, 2020
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Apr 28, 2020
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The Massachusetts Taxpayers Foundation, a budget watchdog group backed by businesses, estimated the state’s revenue for the next fiscal year could drop $3.9 billion, or 15 percent, below past projections. New York said revenues could fall by as much...
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Apr 22, 2020
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Apr 22, 2020
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According to the Massachusetts Taxpayers Foundation, "We can anticipate a $4.4 billion loss of revenue in the state next year," Holaday said, adding that it's the "best-case scenario if we are able to open the state and businesses by early July."
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Apr 21, 2020
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Apr 21, 2020
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New edicts and guidance concerning COVID-19 are being released every day. To help you stay current, we have aggregated some important resources below:
Federal:
https://www.cdc.gov/coronavirus/2019-ncov/index.html
https://www.usa.gov...
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Apr 21, 2020
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Apr 21, 2020
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Launched by Massachusetts Governor Baker and First Lady Lauren Baker in partnership with the One8 Foundation, the Massachusetts COVID-19 Relief Fund will serve essential frontline workers and vulnerable populations across the state facing...
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Apr 18, 2020
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Apr 18, 2020
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This time around, the Massachusetts Taxpayers Foundation forecasts unemployment approaching 18 percent by the end of June, with 570,000 jobs disappearing in recent weeks. Many of those jobs will be recovered by next spring, but total employment won’t...
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Apr 17, 2020
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Apr 17, 2020
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The virtual meeting began Thursday with presentations from Massachusetts Budget and Policy Center President Marie-Frances Rivera and Massachusetts Taxpayers Foundation President Eileen McAnneny, each of whom detailed the forecasts they provided...
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Apr 16, 2020
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Apr 16, 2020
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The Massachusetts Taxpayers Foundation projected a revenue decline of $4 billion for the state's fiscal year 2021 budget. A Senate working group that had been studying tax code changes indicated it will struggle to make recommendations while the...
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Apr 16, 2020
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Apr 16, 2020
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MTF’s new analysis highlights the implications of our revised forecast on the MBTA, the Massachusetts School Building Authority (MSBA), and other purposes supported by dedicated tax revenue. We estimate that compared to the original consensus...
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