If the surtax passes, Massachusetts would have one of the highest tax rates in the nation on income over $1 million. And that may understate the upcoming shockwave to high-earners. Since SALT deductions are now capped at $10,000, the effective state...

The Foundation is working with other business groups to address issues with the net worth measure of the state’s corporate excise. This memo provides a detailed explanation of the issues and solutions. ...

The 50 largest cities and towns in Massachusetts face a crushing $20 billion liability for retiree health care benefits that threatens to wreak havoc with local government services, according to a new report released today by the Massachusetts...

Despite the success of municipal health reform, the rising costs of employee benefits are crowding out other municipal services and making the need for retiree health care reform more urgent than ever. ...

Governor Baker released a spending plan that totals $47.5 billion which includes both pre-budget transfers and line-item appropriations for fiscal year (FY) 2020. The proposal is noteworthy for the inclusion of several policy initiatives along with...

Massachusetts Taxpayers Foundation President Eileen McAnneny today reacted to the preliminary tax revenue totals announced yesterday by the Massachusetts Department of Revenue, which fell short of the year-to-date tax benchmarks by $403 million. ...

Massachusetts cities and towns are on pace to exceed by far the initial estimate of $100 million in first-year savings under the new municipal health care reform law, according to data compiled by the Massachusetts Taxpayers Foundation. ...