A recent analysis from the Massachusetts Taxpayers Foundation, a pro-business research group, showed Massachusetts’ gross state product would increase by $25 billion over five years if we were to close gaps in these key areas. According to the same report, leveling college graduation rates of Black and Latinx students to that of white students in Massachusetts would result in an additional $22 billion in state revenues over ten years.
February 23, 2022
ECONOMIC DEVELOPMENT & COMPETITIVENESS
We should use remaining ARPA funds to combat racial inequity
A recent analysis from the Massachusetts Taxpayers Foundation, a pro-business research group, showed Massachusetts’ gross state product would increase by $25 billion over five years if we were to close gaps in these key areas. According to the same report, leveling college graduation rates of Black and Latinx students to that of white students in Massachusetts would result in an additional $22 billion in state revenues over ten years.