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Displaying 571–580 of 1153
Publication
FY 2021 Tax Revenue Forecast – October Update
MTF’s President Eileen McAnneny said, “while our revised tax revenue forecast has improved since MTF’s April projection, the improvement is due largely to unprecedented levels of federal financial assistance.  Numerous headwinds could slow the...
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Event
Annual Tax Policy Conference
Pandemics, presidential elections, and public unrest -- what does it mean for tax policy? Featured guest: Geoffrey Snyder, Commissioner, Massachusetts Department of Revenue Featured speaker: Dr. Larry Sabato - "A Crystal Ball...
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News Item
Poftak pushes feds for $32b for transit agencies
The second report suggests the authority’s success over the last few years in addressing long-standing maintenance and modernization needs may come to a halt in four years. The report describes an “impending chasm” between the billions of dollars...
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Publication
MBTA Crisis – Part II
This report, which examines the MBTA’s sources and planned uses of capital funding, finds “an impending chasm” between the costs to maintain and modernize the Authority’s existing infrastructure and available sources to pay for these investments. At...
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Publication
Massachusetts Source Income of Non-Residents Telecommuting due to the COVID-19 Pandemic
The intent of the emergency regulation, this proposed regulation and the related Technical Information Release is to maintain the tax treatment of income received by employees who previously worked in Massachusetts, but due to pandemic-caused...
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News Item
New $400 unemployment plan called ‘highly problematic’ for Massachusetts amid coronavirus crisis
As Bay State officials stare at a $6 billion structural deficit amid plummeting tax revenue, adding this program would be quite difficult, said Eileen McAnneny of the Massachusetts Taxpayers Foundation. “The state would be hard-pressed to find...
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News Item
With low ridership, MBTA is staring at $400 million budget shortfall next year, study says
Taken together, the MBTA is staring down a staggering budget deficit in the fiscal year that starts next July, according to an analysis by the Massachusetts Taxpayers Foundation. That’s assuming fare revenue rebounds to 75 percent of its...
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News Item
Hampshire County Sheriff announces furloughs for 77 employees
In May, the Massachusetts Taxpayers Foundation, a nonprofit think tank, said that state tax revenues in the current fiscal year were expected to be $6 billion less than anticipated. In July, the U.S. Department of Labor reported a...
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News Item
Baker sees positives in July revenue numbers
Withholding taxes – tax payments automatically deducted from paychecks and unemployment insurance benefits and paid directly to the government – were $80 million above year-ago levels. Baker said the regular unemployment insurance benefit plus the...
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News Item
Surprise! July state tax revenues increase
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the July numbers were perplexing. She said it was hard to understand how tax withholding – the amount withheld from worker paychecks and paid directly to the government in...
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