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As part of the Academy for New State Legislators held at UMass Amherst, MTF President Michael J. Widmer provided incoming representatives and senators with an overview of key state and local financial issues. The presentation traces the impacts of...
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Over the next two fiscal years, state tax revenues will rise between four and five percent annually as a result of gradually improving economic conditions, according to the Foundation's new forecast. However, despite the improved tax outlook, the...
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In a new analysis of proposals by the Governor, House and Senate to expand health care access for the uninsured, the Foundation concludes that the House's plan to impose a new payroll tax would raise virtually no new revenues. The report makes a...
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Tax revenues will increase roughly five percent per year in 2006 and 2007-down from the almost seven percent average pace of the last two years-as the state's workforce continues to expand at less than half the national rate, according to a forecast...
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Massachusetts employers will spend an estimated $175 million a year for additional employee coverage under the state's health care reform law, according to a report released by the Massachusetts Taxpayers Foundation. The report analyzes the broad...
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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...