Fiscal year (FY) 2018 ends in less than a month and final action to officially close out the year will likely occur before legislative session ends at the end of July. For the first time in several years, the year will end with tax revenues that...

“Today is a great day for all Massachusetts taxpayers because the court has upheld the time-honored constitutional principle that limits the initiative process. By rejecting the notion that a small special interest group can usurp legislative power...

In its fiscal 2016 budget, the Senate proposed increasing the state’s earned income tax credit (EITC), raising personal exemptions, and funding those measures by freezing the income tax rate at 5.15 percent with the goal of increasing the state’s...

Please find attached the Foundation’s analysis on the FY16 Senate Budget which was finalized last week. ...

With just days left in the fiscal year, tax revenues currently stand at $310 million below benchmark for FY 2016. This shortfall creates major challenges for ending the current fiscal year in balance and calls into question the accuracy of the tax...

The Massachusetts Taxpayer’s Foundation received a grant to create a report that will quantify the negative economic impact of the opioid epidemic on the Massachusetts economy. The report will produce needed information on the cost of the epidemic to...

We are a diverse group of organizations with business constituencies, united by the once-in-a generation opportunity to modernize and decarbonize our transportation system. We are writing to you for two reasons. First, we strongly support the work of...

For the second straight year, budget conferees are working to finalize a budget for July 1st while grappling with how best to adjust the fundamental tax revenue assumption used to balance the budget. This brief examines the challenges budget...

As you know, tax revenue collections through May 2019 exceeded expectations by $952 million. If this strength continues through June, budgeted tax revenue will grow nearly seven percent over the strong fiscal 2018 collections. ...

MTF offers its support of Senate Bill 1002: An Act to Enhance Employment Opportunities filed by Senator Michael Rodrigues as a way to improve our economic climate without further exacerbating the budgetary challenges, such as removing Regulatory or...