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...

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...

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...

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...

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...

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...

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...

In Massachusetts, which has the highest unemployment rate in the country at 17.4 percent, the pool of money that funds unemployment benefits has already gone into the red by more than $350 million, said Eileen McAnneny, president of the...

The revenue department initially indicated it would collect income taxes in this manner from out-of-state residents until Baker lifted the state of emergency, according to Eileen McAnneny, president of the business-backed Massachusetts Taxpayers...

"There's really no money for projects," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "The Legislature is facing a what we've estimated to be a $6 billion shortfall, and they will be forced to make drastic cuts to...