In The News: Economy

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Evergreen could make money on factory

Jan 13 2011

By Jessica Van Sack, The Boston Herald

“The futile effort to pick winners almost always backfires,” said Michael Widmer, president of the Massachusetts Taxpayers Foundation. “It’s one thing to have a modest, broad-based tax credit, but for the state to be putting tens of millions of dollars into one company makes absolutely no sense.”
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State: Evergreen Solar should pay back more taxpayer money

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Jan 13 2011

By Chris Camire, The Lowell Sun

"There's a difference between broader tax credits that are incentives for a variety of companies and tax credits given to an individual company," said Widmer. "Those often backfire -- not only in Massachusetts but around the country. We're trying to pick winners and that's hazardous at best, as Evergreen Solar demonstrates."
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State legislators from the Cape brush off pay cuts

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Jan 4 2011

By Patrick Cassidy, Cape Cod Times

But the head of the Massachusetts Taxpayers Foundation said there is a strong argument that the state needs to keep the best people in management positions. "The senior Cabinet officials tend to be underpaid anyway," said Michael Widmer, the organization's president.
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11 local stories to watch in 2011

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Jan 3 2011

The Herald News

Gov. Deval Patrick will unveil his budget proposal later this month, but Michael Widmer, the president of the Massachusetts Taxpayers Foundation, said in December that the budget deficit for fiscal 2012 could be as much as $2 billion. Widmer predicted another round of cuts, including to state aid, higher education and other services.
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Patrick may trim legislators’ salaries

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Jan 2 2011

By Noah Bierman, The Boston Globe

An analysis by the Massachusetts Taxpayers Foundation, a business-funded watchdog group, justifies an even larger cut, of 3 percent, or $1,800.
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Unemployment fund on fumes, businesses say pockets empty

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Nov 28 2010

By Lyle Moran, The Lowell Sun

"We already have the highest unemployment costs in the nation and this would exacerbate our competitive disadvantage dramatically," said Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation. "Overall, it will put a damper on the hiring by employers."
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Biotech aid falls flat

Nov 9 2010

By Jessica Van Sack, The Boston Herald

“With the kind of pressure that’s on Genzyme and Biogen to cut costs, there are gonna be layoffs,” said Michael Widmer, president of the Massachusetts Taxpayers Foundation. “I don’t think that changes the reality that they’re part of a sector that’s important for the future of the economy.”
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Re-elected Massachusetts Gov. Deval Patrick says casino bill in hands of Legislature

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Nov 4 2010

By Dan Ring, The Republican

In order to avoid a repeat of the embarrassing defeat of the casino bill this year, Michael F. Widmer, president of the Massachusetts Taxpayers Foundation, said Patrick, Senate President Therese Murray and House Speaker Robert A. DeLeo will likely attempt to agree on a bill before bringing one to a vote next year.
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Patrick’s reform record scrutinized from all sides

Sep 19 2010

By Noah Bierman, The Boston Globe

"Reform has not been the administration's first instinct,'' said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, a business-backed watchdog often consulted by lawmakers and the administration. "He does deserve some credit for doing some reforms, though in some cases he's been dragged kicking and screaming, and others have been untouched.''
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