The news, announced Friday afternoon, comes after the Massachusetts Taxpayers Foundation reported that, based on spending rates in September, the Commonwealth Cares for Children (C3) grants, which were launched over the summer, would be spent down by...

The Massachusetts Taxpayers Foundation has long argued that an aging, retiring workforce will cause challenges in Massachusetts. Goodman said COVID has sped up that challenge. While in past recessions, older adults often delayed retiring for...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted state revenue growth will remain “robust” in fiscal year 2022 at $37.2 billion, or about $3.1 billion higher than the previous fiscal year. “This growth of 9% is fueled...

The Massachusetts Taxpayers Foundation offered a mixed outlook, with President Eileen McAnneny forecasting that revenue growth will “remain robust” this fiscal year before flipping to a “completely different story” next year when the situation will...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, noted that the risk of losing the state’s aging population to other states like Florida and New Hampshire has created a ripple effect on the state’s other revenues, including...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, noted that the risk of losing the state's aging population to other states like Florida and New Hampshire already has a ripple effect on the state's other revenues, including...

According to an analysis by the Massachusetts Taxpayers Foundation, much of the spending will be for healthcare at $946 million, housing at $624 million, infrastructure at $414 million, education at $389 million and economic development at $267...

Massachusetts experienced a startling $4.5 billion surge in tax revenues in FY 2021 representing 15 percent growth in the midst of the pandemic. MTF projects that FY 2022 revenue growth will remain strong, reaching $37.2 billion or $2.9 billion above...

“The net difference between where we thought we were going to be and where we are is literally billions of dollars,” said Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation. Howgate said early in the pandemic,...