On April 29th, the House finalized its $63.41 billion Fiscal Year (FY) 2027 budget, after adding $82.9 million (gross) in spending and 21 outside policy sections to their spending plan over three days of debate.The House took action on 1,737...

The Massachusetts Taxpayers Foundation said there were 18 tax-related outside policy amendments filed to the budget, carrying a fiscal impact of more than $1.7 billion. But as they also worry about eroding federal supports, the real impact that House...

The Massachusetts Taxpayers Foundation estimates that the tax cut would result in a $5.4 billion annual revenue loss for the state. Doug Howgate, president of the foundation, told The Light that this is a static analysis, meaning the calculation does...

The House Committee on Ways and Means (HWM) released its Fiscal Year (FY) 2027 budget proposal earlier today; a spending plan that totals $63.33 billion. Their budget represents a $2.3 billion (3.7 percent) increase over the FY 2026 General...

Over the last three years, the Massachusetts Taxpayers Foundation has written extensively on the relationship between pandemic-induced changes in working patterns, diminished vibrancy in our downtowns, and the lack of accessible and affordable...

On March 30th, the Special Joint Committee on Initiative Petitions heard testimony on H.5006 An Act Relative to Limiting State Tax Collection Growth and Returning Surpluses to Taxpayers. MTF was asked to provide expert testimony on the proposal,...

On March 30th, the Special Joint Committee on Initiative Petitions heard testimony on H.5007 An Act to Reduce the State Personal Income Tax Rate from 5% to 4%. MTF was asked to provide expert testimony on the proposal, which would reduce state tax...

The Healey-Driscoll administration’s Fiscal Year (FY) 2027 budget proposal tops $63 billion, increasing spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the administration’s estimated spending level by...

On January 28th, the Healey-Driscoll administration filed its budget proposal for Fiscal Year (FY) 2027. The $63.36 billion plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the...