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The Foundation's latest commentary on the software services tax.
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The Foundation calls on legislators and candidates to address the unsustainable increase in municipal costs of health care and pensions that are leading to layoffs of teachers, police and firefighters and recommends a series of changes that would...
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Governor Charlie Baker signed his fifth General Appropriations Act (GAA) on Wednesday, July 31, 2019, giving his approval to $43.6 billion in spending appropriations. While choosing not to exercise his veto authority to reduce spending, the Governor...
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The Foundation urges a NO vote on Question 1 this November. Massachusetts roads and bridges will continue to deteriorate without vital funds provided in the 2013 transportation reform bill.
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On July 31st the Legislature completed its budget override process for FY 2017, finalizing the years General Appropriations Act. In total the Legislature overrode $231.6 million of the $267.1 million originally vetoed by the Governor.
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The Massachusetts Taxpayers Foundation recently received a prestigious national award for its research and public education on the fiscal and economic impact of the November 2008 ballot question to repeal the state income tax. The Foundation was...
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Citing the recently passed technology tax “as a grave danger to the future of the innovation economy,” 20 Massachusetts business leaders, representing both small and large companies, today filed an initiative petition to repeal the recently enacted 6...
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The Commonwealth Stabilization Fund, the state’s “rainy day” fund, is a critical component of the Commonwealth’s financial structure. For example, amid the Great Recession in fiscal 2009, budgeted tax revenue plummeted by nearly $2.7 billion compared...