In order to try to minimize the enormous consequences of Question 3, the proponents argue incorrectly that total state spending is $52 billion when the correct number is approximately $32 billion, as shown on page 137 of the 2009 Comprehensive Annual Financial Report.
Voter approval of Question 3 would result in across-the-board cuts of approximately 30 percent in virtually all state programs, including local aid, higher education, human services, prisons, courts, environmental protection, and state parks and beaches, according to a report released today by the Massachusetts Taxpayers Foundation.
The report concludes that state leaders would face a $4.5 billion shortfall in the fiscal 2012 budget - an already existing structural deficit of at least $2 billion plus $2.5 billion of reduced tax revenues by cutting the sales tax from 6.25 percent to 3 percent.
This report was prepared by: Global Insight, Inc.
Sponsored by:
Associated Industries of Massachusetts
Greater Boston Chamber of Commerce
Massachusetts Business Roundtable
Massachusetts Taxpayers Foundation
Links:
[1] http://www.masstaxpayers.org/taxes
[2] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2012/20101021/question_3_proponents_inflate_state_spending
[3] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/Question 3 news release.pdf
[4] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2012/20100922/question_3_heading_over_cliff
[5] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/MTF Question 3 News Release.pdf
[6] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/MTF Question 3 Report.pdf
[7] http://www.masstaxpayers.org/publications/public_finance/budget/fy_2012/20100916/state_finances_heading_over_cliff
[8] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/state_finances_09_16_10.pdf
[9] http://www.masstaxpayers.org/publications/public_finance/taxes/sales_tax/20090428/the_sales_tax_debate_update
[10] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/sales_tax_backgrounder_house_update.pdf
[11] http://www.masstaxpayers.org/publications/public_finance/taxes/gas_tax/20090303/comprehensive_transportation_reform_and_finance_p
[12] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/transportation group releaseII (2).pdf
[13] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/Business group transportation reform and finance plan.pdf
[14] http://www.masstaxpayers.org/publications/public_finance/taxes/income_tax/20081020/economic_impacts_eliminating_massachusetts_sta
[15] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/tmp_345_10-20-2008_15837_.pdf
[16] http://www.masstaxpayers.org/publications/public_finance/taxes/income_tax/20081015/question_1_proponents_inflate_state_spending
[17] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/Question 1 Proponents Inflate State Spending.pdf
[18] http://www.masstaxpayers.org/publications/public_finance/taxes/income_tax/20081001/foundation_releases_major_report_wideranging_c
[19] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/Question 1_press_release.pdf
[20] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/MTF_Question1_Analysis.pdf
[21] http://www.masstaxpayers.org/publications/public_finance/taxes/income_tax/20080921/find_another_way_send_a_message
[22] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/Find another way to send a message.pdf
[23] http://www.masstaxpayers.org/publications/public_finance/taxes/20071001/an_analysis_property_tax_credits_and_transportation_fundi
[24] http://www.masstaxpayers.org/sites/masstaxpayers.org/files/MTF Casino Report.pdf
[25] http://www.masstaxpayers.org/publications/16?page=1