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Jul 17 2013
Jun 4 2012
Job creation in the Bay State ranked among the bottom in the nation under Romney; and for his first budget, in 2004, Romney raised $750 million in new revenue — about half from corporate tax increases and half in fee increases, according to the nonpartisan Massachusetts Taxpayers Foundation.
Jun 3 2012
Nevertheless, Massachusetts unemployment declined from just under 6 percent at the beginning of Romney’s term to 4.7 percent when he left, and his backers claim he narrowed a $2 billion budget gap without raising taxes. But we all remember how he raised a wide variety of fees as well as closing business-tax loopholes in order to boost revenue by $750 million, according to the Massachusetts Taxpayers Foundation.
May 30 2012
But as Factcheck.org notes, the “Massachusetts Department of Administration and Finance says that fee increases during Romney’s tenure added up to $260 million per year, with another $174 million raised from closing some corporate tax ‘loopholes.’ The independent Massachusetts Taxpayers Foundation puts the revenue total of fee hikes and tax loophole-closings at between $740 and $750 million a year.”
May 25 2012
Romney often says he balanced the state’s budget without raising taxes, but does not mention that he raised about $750 million in revenue each year by closing tax loopholes and raising fees, according to the nonpartisan Massachusetts Taxpayers Foundation.
May 22 2012
Romney made a point of contrasting the fiscal record of President Barack Obama with his own record as governor of Massachusetts. We wondered whether that accurately reflected Romney’s fiscal record in the Bay State. ... We turned to the Massachusetts Taxpayers Foundation, an independent group that studies fiscal policy in the state. They provided us with the figures for total state spending.