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Tax revenues will grow somewhat better than expected in fiscal 2008 but increase only marginally in 2009, according to a forecast released today by the Massachusetts Taxpayers Foundation.
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We are deeply saddened by the passing of Kevin Harrington, one of Massachusetts' foremost political leaders of the past half century and a member of the Foundation's Executive Committee since 1987. Mr. Harrington was first elected to the...
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The cities and towns of Massachusetts are facing a relentless fiscal squeeze in which year after year costs are growing faster than revenues for almost all communities.
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Despite steps taken by the Governor and Legislature, the fiscal 2010 budget is $300 - $500 million out of balance. Because of the heavy reliance on one-time funds in 2010, the state faces a structural deficit of $3 billion in fiscal 2011, which will...
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Plaintiffs bring this lawsuit to exclude from the 2018 ballot an initiative petition that threatens to undermine our representative system of government and our separation of powers, and the long-standing consensus that the Legislature must maintain...
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Fiscal 2014 tax revenues will grow by $835 million, or 3.9 percent, to $22.37 billion, according to a new forecast released today by the Massachusetts Taxpayers Foundation. “While fiscal 2014 shows an improving revenue picture, we are still a long...
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Tax revenues will grow by $1.1 billion, or 4.7 percent, to $24.37 billion in fiscal 2015, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts...
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Fiscal 2013 tax revenues will grow by $822 million, or 3.9 percent, to $22 billion, less than half the rate of expansion in fiscal 2011, according to a new forecast released today by the Massachusetts Taxpayers Foundation.“The small growth in tax...
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Municipal revenues and expenditures grew by just 2.7 percent to $22.6 billion in fiscal 2012, leaving Massachusetts cities and towns in the midst of a three-year slowdown that is unprecedented in the Proposition 2 ½ era, according to the...