In The News: Budget

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House to vote on sales tax

Apr 27 2009

By Hillary Chabot, The Boston Herald

Widmer, executive director of the Massachusetts Taxpayers Foundation, also said cities and towns would suffer without passing a proposal to increase local meals and hotel/motel taxes. The local taxes would help municipalities raise their own revenue as they face cuts in state aid.
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Mass. House to debate 1.25 percent sales tax hike

Apr 27 2009

By Steve LeBlanc, Houma Today / AP

A report by the business-backed Massachusetts Taxpayers Foundation, which researches state spending, found that a 1 percent increase in the state sales tax would cost the average taxpayer an extra $122 a year. A family would pay out an extra $322 annually. Currently, of the 45 states with broad-based sales taxes, Massachusetts ranks last when measuring the amount of sales tax collected per $1,000 of income - in part because its sales tax is much narrower than in other states and exempts food, services and clothing under $175, according to the foundation.
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Retirees from UMass, state police dominate the list of state pensions worth more than $100,000

Apr 26 2009

By Dan Ring, The Republican

Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, suggests pensions possibly should be limited to no more than $100,000 a year. Widmer also called for changes to the state law that bases a pension partly on the three highest-paid, consecutive years of service. State pensions should stem from lifetime earnings or at least five years of earnings, he said.
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Business girds for battle on sales tax

Apr 25 2009

By Matt Viser, The Boston Globe

The Massachusetts Taxpayers Foundation released a report yesterday that estimated that a 1 percentage point increase in the sales tax would have produced $778 million this year, but that would decline to about $724 million next year because retail sales are falling with the economy. The study also estimated it would cost the average resident $120, or about $325 per household.
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Editorial: Budget meltdown continues

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Apr 16 2009

The Boston Globe

DeLeo's revenue forecast of $19.5 billion for 2010 could still turn out to be about $1 billion too rosy, according to the Massachusetts Taxpayers Foundation. House budget writers, therefore, wisely resisted any urge to tap the state's diminishing rainy day fund, which could fall to $1 billion or below by the end of the current fiscal year on June 30.
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House budget cuts local aid by one third

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Apr 15 2009

By Steve LeBlanc, Capr Cod Times / AP

Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation, said the budget crisis won't end anytime soon. "Tax revenues continue to decline," he said. "Tax revenues next year are going to be at least $1 billion lower than this budget assumes."
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More cuts in Mass. as budget woes grow

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Apr 15 2009

By Ted Nesi, Providence Business News

Michael Widmer, president of the Massachusetts Taxpayers Foundation and a leading fiscal watchdog on Beacon Hill, told The Associated Press that he fully expected the $400 million in further cuts to be necessary. "It means we're going to have absolutely draconian cuts across state government if there are not new revenues," Widmer said.
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Patrick orders $156M more in budget cuts, says more pain on the way

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Apr 15 2009

By Joe Markman and the Associated Press, The Patriot Ledger

Michael Widmer, president of the nonprofit business-backed Massachusetts Taxpayers Foundation, said the other $400 million in cuts would be inevitable because all indications were that tax collections are still falling. "It means we're going to have absolutely Draconian cuts across state government if there are not new revenues," he said.
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Bell sounds for third round of budget cuts

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Apr 15 2009

By Greg St. Martin, The Metro

Michael Widmer, president of the Massachusetts Taxpayers Foundation, expressed concern the state is plowing through reserves and stimulus money too quickly. He also pointed to more cuts expected today when the House Ways & Means Committee unveils next fiscal year's budget.
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Patrick works to close $156M budget deficit

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Apr 15 2009

By Glen Johnson, South Coast Today / AP

Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation, said the other $400 million in cuts was inevitable because all indices show tax collections continuing to fall. "It means we're going to have absolutely Draconian cuts across state government if there are not new revenues," Widmer said.
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