In The News: Income Tax

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Coalition would raise taxes on Massachusetts residents earning more than $1 million annually

Aug 2 2015

By Shira Schoenberg, MassLive

Eileen McAnneny, president of the business-oriented Massachusetts Taxpayers Foundation, noted that there already is progressiveness in the tax code, due to exemptions and credits that are available to low-income individuals. According to 2013 figures from the Department of Revenue, taxpayers earning more than $100,000 already pay 72 percent of the taxes collected in Massachusetts, even though they make up just 19 percent of taxpayers. Those earning more than $1 million annually pay 20 percent of all the income taxes collected in the state.
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Lawmakers grapple over tax fairness

Jun 10 2015

By Christian Wade, CNHI Statehouse Bureau

“There’s no question that the purpose of this measure is to increase progressivity in the state’s income tax code,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, which supports the current flat tax. “The unanswered question is whether this is a move towards a graduated tax or something in place of it.”
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Tax cut coming Jan. 1

Jan 7 2015

By Gary Tuoti, SouthCoast Today

The Massachusetts Taxpayers Foundation projects a total state budget deficit of more than $1 billion.
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Martha Coakley's comments on graduated income tax criticized by taxpayer watchdogs

Oct 24 2014

By Garrett Quinn, Masslive

"Amending the state’s constitution and adding to the tax burden of middle and higher income taxpayers, including businesses that pay personal income taxes, would pose one more disincentive to job creation in the state," said Widmer while testifying before the commission.
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Income inequality impacting state tax revenues

Sep 15 2014

By Tiffany Chan, WWLP

The President of the business-backed Massachusetts Taxpayers Foundation argues that it would only target the upper-class. “I think the proponents, many of them of the graduated income tax really want to be able to raise taxes on the higher income people without having to raise taxes on everybody,” said President Michael Widmer.
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New study suggests overhauling state personal income tax could help with revenue

Sep 15 2014

By Philip Marcelo, AP / The Republic

Michael Widmer, a member of the Tax Fairness Commission who opposed the recommendation, says such an overhaul would only compound income inequality by discouraging business investment. The president of the Massachusetts Taxpayers Foundation, a business-backed research group, he suggested more "modest" changes to the tax code, such as raising the value of certain tax exemptions for individuals and married couples. "That goes directly to the spending power of that person on the lower end that's living in a high cost state and trying to make ends meet," Widmer said.
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Massachusetts Lawmakers Examine “Fairness” of State Tax Code

Mar 3 2014

By Zeke Wright, GoLocalWorcester

Michael Widmer, a member of the committee and president of the Massachusetts Taxpayers Foundation, voted against the graduated income tax measure, saying it would undercut the creation of jobs and be counterproductive toward the goal of a more competitive economy.
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Tax Fairness Commission recommends graduated income tax

Feb 26 2014

By Colleen Quinn, State House News Service / The Daily News

Before they opted not to take a single vote on the entire report, Michael Widmer, president of the Massachusetts Taxpayers Foundation, said he planned to vote against the final report, largely because of the graduated income tax recommendation.
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Massachusetts Tax Fairness Commission to recommend lowering state income taxes for the poor, increasing them on the wealthy

Feb 26 2014

By Shira Schoenberg, The Republican

“The problem with those proposals is they pose a larger tax on the very individuals who are making decisions about where to build their businesses, whether in Massachusetts or other states,” said Michael Widmer, a committee member and president of the Massachusetts Taxpayers Foundation. “The only solution to the dilemma facing Massachusetts is to create jobs, and this would undercut the creation of jobs and be counterproductive toward the overall goal of a more competitive Massachusetts economy.”
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Tiny cut in Massachusetts income tax expected in new year

Dec 3 2013

By Dan Ring, The Republican

Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, said his organization is anticipating that the .05 percent cut in the income tax will take place on Jan. 1. "It seems like a virtual certainty," Widmer said.
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