Today, the Legislature voted to enact a $40.2 billion budget for FY 2018. This year’s budget reconciliation process was hampered by several major challenges – most notably the need to reduce expected tax revenues from the amount used in both the...

The undersigned employer groups, representing businesses from all sectors, of all sizes and from all parts of the Commonwealth oppose the final budget plan calling for a new health assessment on employers without significant reforms to manage the...

A letter from the Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce and the Massachusetts Business Roundtable urging the Governor to veto the elimination of the FAS 109 Deduction. ...

This report, which launched a major effort by MTF to highlight the competitive cost disadvantage faced by Massachusetts businesses, has helped spearhead a number of positive reforms to reduce business costs and taxes in the Commonwealth. The survey...

In a new analysis, the Foundation credits the state's leaders for their efforts to address the Commonwealth's fiscal crisis through a realistic combination of spending cuts and tax increases in 2003. However, MTF warns that a remaining large...

The Foundation's newly released analysis of the $23.1 billion state budget notes the great strides that the Commonwealth has made in closing a potential shortfall of $2.5 billion, but also underscores the failure to eliminate fully the structural gap...

The crisis in the state's finances has entered a new and challenging phase. While improved revenues have led some to conclude that the crisis is over, the reality is much less certain. ...

"In recent testimony (August 8) before the Division of Health Care Finance and Policy, MTF President Michael J. Widmer said that the proposed regulation issued by the Division fairly reflects the compromise agreement reached by the legislative...

Cities and towns across the Commonwealth can save as much as $750 million in 2013 and $2.5 billion in 2018 by taking advantage of a new law that allows them to join the Group Insurance Commission (GIC), the state agency which administers health...