In The News: Income Tax

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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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WMass businesses against income tax hike

Apr 24 2013

By Christine Lee, WWLP

According to the Massachusetts Taxpayers Foundation, the House plan dedicates about $680 million dollars in revenue to the state’s road and transit needs, while the Senate proposal commits about $800 million dollars.
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Local economists back Patrick’s tax hike plan

Mar 11 2013

By Andrea Estes, The Boston Globe

Widmer expressed concerns that parts of the governor’s tax plan may hurt those it seeks to help. “Many of these 44 personal income tax exemptions . . . are beneficial to lower-income and middle-income people,” he said. “You’re investing in higher education appropriately, but on the other hand the state would now tax scholarships. It gives with one hand and takes away with the other.”
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Patrick Budget Eliminates 44 Tax Deductions

Mar 1 2013

By Kimberly Ashton, Medford Patch

The analysis, by the Massachusetts Taxpayers Foundation, found that the eliminations would raise an additional $1 billion for the commonwealth.
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Governor's 'revenue' plans KOs exemptions

Feb 4 2013

By Andy Metzger, State House News Service / The Glouscester Times

Gov. Deval Patrick’s planned shifting of the income and sales tax rates would essentially result in a revenue “wash” and the bulk of $1.9 billion in new revenues under his tax code overhaul would come from eliminating specific exemptions and deductions, according to the Massachusetts Taxpayers Foundation.
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TWIB: Analyzing Gov. Deval Patrick's tax plan

Jan 20 2013

By Peter Howe, NECN

Mass Taxpayers Foundation President Michael Widmer gives us his take on Governor Deval Patrick's $1.9 billion tax increase proposal to help improve transportation and education in Massachusetts. This past week, the governor called for a 1 percent boost in the state's income tax and a reduction in the state's sales tax.
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Editorial: Taxpayers can’t afford Patrick’s plans

Jan 18 2013

Lawrence Eagle Tribune

“Clearly the changes make the state’s tax system more progressive, but it is a large increase to impose on those who make the decisions whether to invest in Massachusetts, especially in a fragile economic environment,” Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation, told the Associated Press.
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Gov. Patrick calls for income tax hike

Jan 17 2013

By Bob Salsberg, AP / Cape Cod Times

"Clearly the changes make the state's tax system more progressive, but it is a large increase to impose on those who make the decisions whether to invest in Massachusetts, especially in a fragile economic environment," said Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation.
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