In this updated analysis, the Foundation concludes that despite the improving economy and declarations of budget surpluses, the state is still confronting a large and growing structural deficit. Even with tax revenues on track to exceed budget...

Cities and towns are facing a combination of higher property taxes and employee layoffs as a result of cuts in state aid, according to the Foundation's 34th annual analysis of local revenues and spending. Although the 2005 state budget provides...

In a new analysis, the Foundation predicts a modest structural surplus in the state budget for fiscal year 2005 while sounding a warning on 2006 finances. ...

On October 25 the Foundation released a report analyzing the revenue projections included in the administration's plan to license three casinos in Massachusetts. The detailed analysis raises a variety of questions about the revenues and benefits from...

With only $63 billion set aside, the state and municipalities have funded less than half—just 43 percent—of the $146 billion they need to pay for benefits already promised to current employees and retirees. ...

I am writing today in support of House Bill 1510: An Act Relative to the Massachusetts Estate Tax Code. While the Foundation believes that the Massachusetts estate tax should mirror the federal estate tax, this bill would more closely align the...