In The News: Budget

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Boon or boondoggle? Sales-tax cut debated

Oct 29 2010

By Steve Adams, The Patriot Ledger

In September, the Massachusetts Taxpayers Foundation released a 13-page report that examines the potential impact of Question 3. The foundation projects that cutting the sales tax would decrease revenues by $2.5 billion. That would increase the state’s projected fiscal 2012 deficit from $2 billion to $4.5 billion, the report says.
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Analyst hits Baker tax cut vows

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Oct 29 2010

By John J. Monahan , Worcester Telegram & Gazette

The president of the Massachusetts Taxpayers Foundation, which produced the widely cited $2 billion deficit estimate in an analysis earlier this year, said Mr. Baker’s promises of an income and sales tax rollback are dubious because of the budget problem.
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Ballot questions address tax hikes and the future of 40B

Oct 29 2010

By Jayne M. Miller, Tewksbury Town Crier

The effect, say opponents like the Massachusetts Taxpayers Foundation, would be 30 percent cuts to services across the board, including teachers, public safety, prisons, higher education and more. Ultimately, a low sales tax would put upward pressure on property taxes, contends the MTF.
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Editorial: Vote no on 3 — Beacon Hill needs reforms, not stunts

Oct 29 2010

The Boston Globe

And by shearing $2 billion to $2.5 billion in revenues from the state budget, the ballot measure would force deep cuts in a panoply of vital public services. The Massachusetts Taxpayers Foundation estimates that functions ranging from corrections to education would have to be cut by nearly 30 percent.
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7th Middlesex candidates differ on effects of sales tax rollback

Oct 28 2010

By Kendall Hatch, Malden Observer

But Sannicandro said the cuts needed to fill what the Massachusetts Taxpayers Foundation estimate will be a $2.5 billion budget gap would be deepest at the local level.
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Ballot questions pose challenge for budget

Oct 28 2010

By Shelly Runyon, Bay State Banner

The Massachusetts Taxpayers Foundation predicts that teachers, police and fire employees would be among the first to lose their jobs, most likely leading to an increase in property taxes to keep a balance in state services.
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Jacoby and Lehigh debate Question 3

Oct 28 2010

The Boston Globe

That would spell spending cuts of about 28 percent, which is a pretty significant reduction. I'm sure you've read it already, but for others who are interested, here's a good analysis of the situation by the Massachusetts Taxpayers Foundation.
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Editorial: Questions 1 and 3

Oct 27 2010

Cape Cod Times

The Massachusetts Taxpayers Foundation, a business-backed fiscal watchdog group, released a report on Question 3 ominously subtitled, "Heading Over the Cliff." It details how Question 3, added to the existing deficit, would force cuts of $4.5 billion — a hefty 28.4 percent across the board.
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Voter initiatives target two taxes

Oct 27 2010

By Peter Schworm, The Boston Globe

The Massachusetts Taxpayers Foundation, a tax policy research group, estimates that approving Question 3 would result in 28 percent budget cuts to “virtually all state programs’’ and the layoff of thousands of municipal employees.
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OUR VIEW: Defeat ballot questions

Oct 26 2010

South Coast Today

As we have pointed out in the past, all three candidates for governor, including Republican Charlie Baker, oppose the question because of the havoc it would wreak on the state budget. So does the Massachusetts Taxpayers Foundation, a moderately conservative, business-backed fiscal watchdog group.
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