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Meanwhile, a May report from the Massachusetts Taxpayers Foundation said the “red flags are waving”when it comes to housing, transportation and migration trends. The state lost 110,000 workers between April 2020 and July 2022, MTF said. That outflow...
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Doug Howgate, president of the Massachusetts Taxpayers Foundation, praised the Senate’s plan for a “commitment to meaningful reform” but said the exclusion of capital gains tax cut, as well as a scaled back estate tax relief and limited child tax...
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The Massachusetts Taxpayers Foundation report said U.S. Census Bureau data shows Suffolk and Middlesex County residents left at the highest rates. And 2021 tax returns for 2020 showed residents aged 26 to 35 were the largest group leaving, according...
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“The scope of the House bill is more responsive to the cost of competitive challenges,” Doug Howgate, president of the Massachusetts Taxpayers Foundation, told the Herald. “We’re still going to crunch the numbers, but the hope would be that the final...
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Today, the Senate Committee on Ways and Means (SWM) released its tax relief proposal. The plan, which mirrors the tax bill passed by the Senate in 2022, includes seven major tax relief provisions and carries an estimated Fiscal Year (FY) 2024 cost of...
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Massachusetts is hemorrhaging people. In fact, it’s seeing the highest outmigration numbers in the last 30 years, according to a new report from the Massachusetts Taxpayers Foundation. A net 110,000 people moved out of the Bay State over roughly the...
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After four days of debate, the Senate finalized its $55.9 billion Fiscal Year (FY) 2024 budget; adding $82.2 million in new spending and 34 outside policy sections.
The Senate took action on 1,049 amendments through a combination of standalone...
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2021 tax returns showed nearly 38,000 Massachusetts residents between the age of 26 and 35 moved out of the state in 2020.
"You expect to see 26- to 35-year-olds move in and out a lot," said Massachusetts Taxpayers Foundation President Doug...
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Driving the news: The report from the Massachusetts Taxpayers Foundation found that a long-term decline in births and an aging population is also shrinking the Massachusetts workforce.
Plus, remote workers don't want to live in such a high-cost...
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The Massachusetts Taxpayers Foundation found that more than 110,900 people left the state between April 2020 and July 2022. And some of the trends pushing residents out of Massachusetts might sound all too familiar to those still here.
“We’re...