“Simply stated, COVID-19 is a Cat 5 hurricane hitting global economies simultaneously,” MTF wrote in its analysis. “The initial impacts are staggering -- to people and families, first responders, health care professionals, employers and employees,...

The Massachusetts Taxpayers Foundation estimated the revenue shortfall in the current fiscal year will be between $300 million and $500 million, while the Center for State Policy Analysis pegged it at between $500 million and $750 million. Both...

Massachusetts is facing scrutiny on two fronts as public markets collapse and pressure on government pensions for its nearly 300,000 public employees and retirees and budgets rise. The commonwealth’s credit rating could take the real hit in all of...

This preliminary report addresses some of the economic impacts from the most recent data and explores issues that will shape the scale and duration of this global pandemic. While this report is focused primarily on the national economic impacts,...

"The COVID-19 pandemic is a public health emergency that is causing a public finance emergency in Massachusetts,"said a new analysis of the state's fiscal outlook by the Massachusetts Taxpayers Foundation published Monday. The analysis found that $3...

Massachusetts Governor Charlie Baker, Senate President Karen Spilka, and Speaker Robert DeLeo announced the corresponding change for the state tax filing deadline on March 27, 2020.The policy change impacts the Commonwealth of Massachusetts very...

BOSTON – On March 10, 2020, Governor Charlie Baker declared a state of emergency in Massachusetts regarding the Coronavirus 2019 (COVID-19) pandemic and has ordered sweeping measures to slow the outbreak.

The margin for error already seemed slim: The business-backed Massachusetts Taxpayers Foundation issued a report on Wednesday highlighting several uncertain aspects of Governor Charlie Baker’s spending plan for the next fiscal year. MTF said Baker’s...