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Displaying 311–320 of 1155
News Item
Business group warns rise of remote work threatens Mass. economy
The bottom line: High costs pose a much bigger threat to Massachusetts now than they did before COVID-19 changed the way companies and their employees think about remote work. The Taxpayers Foundation report cites particular concerns with an...
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Publication
Heeding the Warning Signs: What Massachusetts Must Do to Remain Competitive
Massachusetts is facing a perfect storm of circumstances which, if not addressed, threaten to undermine the state’s historic advantage in attracting and retaining both businesses and talent, and could ultimately jeopardize our economic edge over...
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News Item
A hot real estate market, a labor shortage, and a state budget surplus. It’s 1986 all over again.
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state balance sheet is strong enough for Beacon Hill to still carry out its economic development agenda. Year-over-year tax collections grew over 20 percent, and the state...
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News Item
Could tax cap influence fight over millionaire tax?
Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, said she thinks it’s possible. And she questioned whether it made sense to impose what she considers a politically risky tax on millionaires when the cap is simply going to...
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News Item
Massachusetts has a nearly $5 billion surplus. Now what?
“The surplus is a little bit larger than we initially anticipated, even a couple weeks ago,” said Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog that, as recently as last week,...
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News Item
Mariano open to tinkering, scrapping, or postponing tax cap law
Several budget analysts, including the Massachusetts Taxpayers Foundation and the Center for State Policy Analysis at Tufts University, have suggested the state could afford both tax break initiatives. ...
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News Item
Massachusetts Legislature considers toll commission, per mile fees possible
“Recall that back then, when congestion was really crippling the Massachusetts economy — people couldn’t get anywhere, goods couldn’t be delivered, commutes could be hours — people were really at wits end,” she said. “So, I think there is some...
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News Item
With time short, lawmakers seek to reshape local public health
Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation and a commission member, said she became aware through that work of the variation in public health services. “You can compare and contrast Boston, that has a robust...
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News Item
Gov. Baker Sees 1986 Law Triggering $2.5 Billion in Tax Rebates
Through the middle of June, the final month of fiscal 2022, Massachusetts had collected $39.199 billion in tax revenue for fiscal year 2022, enough that the Massachusetts Taxpayers Foundation estimated a surplus in the neighborhood of $3.5 billion. ...
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Publication
M.G.L.c. 62F: Tax Revenues in Excess of Allowable Amount
Two straight years of surging tax collections have put in focus M.G.L.c. 62F, a little known state law that establishes a limit on allowable tax revenues. This brief summarizes the law and assesses what it could mean for fiscal year 2022 and beyond. ...
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