View more in Public Finance
- August 7 2013Citing the recently passed technology tax “as a grave danger to the future of the innovation economy,” 20 Massachusetts business leaders, representing both small and large companies, today filed an initiative petition to repeal the recently enacted 6.25% sales tax on computer and software technology services.
- July 25 2013Facing unaffordable retiree health care costs, municipalities are searching for ways to control costs that do not require state legislative action. This presentation details some of the options available to municipalities under current law.
- June 26 2013This is the most sweeping such tax in the nation. It strikes at the heart of the state’s innovation economy and will stifle job creation for years to come.
- March 19 2013The Governor’s proposed sales tax on computer and data processing and custom software would have very serious ramifications for major sectors of the state’s economy.
- January 30 2013
The Foundation’s analysis of the Governor’s tax proposal shows that the elimination of the personal income tax exemptions and the additional corporate taxes account for most of the $1.9 billion in new revenues. The analysis also summarizes the 44 personal income tax exemptions and deductions that he has proposed to eliminate.
- December 20 2012Over the last eight months, the state’s OPEB Commission has done an enormous amount of good work in addressing the unaffordable costs of retiree health care facing the state and municipalities.
- December 13 2012
Municipal revenues and expenditures grew by just 2.7 percent to $22.6 billion in fiscal 2012, leaving Massachusetts cities and towns in the midst of a three-year slowdown that is unprecedented in the Proposition 2 ½ era, according to the Massachusetts Taxpayers Foundation’s 42nd annual Municipal Financial Data report released today.
- December 11 2012
Fiscal 2014 tax revenues will grow by $835 million, or 3.9 percent, to $22.37 billion, according to a new forecast released today by the Massachusetts Taxpayers Foundation.“While fiscal 2014 shows an improving revenue picture, we are still a long way from experiencing the level of revenue growth of prior economic recoveries,” Widmer said.
- November 15 2012
The Foundation’s latest report, State Tax Expenditures: Less Than Meets The Eye, examines the state’s annual estimate of “tax expenditures,” or the amount of revenue the state foregoes because of exceptions to tax laws. While commonly thought of as incentives, tax breaks, or loopholes that benefit corporations, the Foundation’s analysis shows that billions of the state’s so-called tax expenditures are merely the result of longstanding tax policies and practices, mostly benefitting individuals.