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“We need to address the trends that are pricing out low- and middle-income residents, and stop incentivizing higher earning residents and businesses to leave,” Doug Howgate, the President of the Massachusetts Taxpayers Foundation said in a statement....
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“Significant tax relief is not only affordable, it is critical. The Healey-Driscoll Administration’s package would ease the cost crunch that’s making it tough for Massachusetts to attract and retain families, seniors, and employers,” said...
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The nonpartisan Massachusetts Taxpayers Foundation said Healey’s plan noticeably fell short of the foundation’s own $1.3 billion tax relief vision.
But the foundation remarked Healey’s proposal is significant and described the package as “a strong...
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“It’s a big step in the right direction,” said Doug Howgate, the president of the Massachusetts Taxpayers Foundation, in an interview. “It shows she’s pragmatic and she wants to solve problems.”
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Doug Howgate, president of the Massachusetts Taxpayers Foundation, praised the underpinnings of Healey’s tax relief package to “retain families, seniors and employers.”
“The proposal laid out today would help make Massachusetts less of an outlier...
Publication
Today, Governor Healey announced the details of a tax relief proposal that she plans to file in conjunction with her Fiscal Year (FY) 2024 budget proposal on March 1st. The tax package, which has an FY 2024 budget impact of $742 million and an...
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But tax reform can’t fall by the wayside again. Massachusetts is indeed a wonderful place to live — for those can afford it. So expanding the existing child and dependent care tax credit would, according to the Taxpayers Foundation, benefit more than...
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The scarcity of child care facilities and qualified workers to staff them is costing Massachusetts families $1.7 billion a year in lost wages due to missing work or reduced work hours, according to the Massachusetts Taxpayers Foundation.
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According to the foundation, though, Healey should also consider changes that will encourage higher income workers to stay in and around Boston’s tech hub.
“Crafting a package that takes on key costs for historically marginalized communities and...
Publication
Tax policy is at the forefront of the legislative and fiscal agenda in 2023 as the state implements the income surtax, reassesses a tax package that garnered bipartisan support last year, and welcomes a new gubernatorial administration that has made...