Publications: Public Finance

MTF recommends that the state raise at least $2.5 billion in additional funding to support the Central Artery project's cost overruns while also ensuring a balanced statewide transportation program.

MTF unveils a plan to cut the income tax rate to 5 percent in gradual steps tied to growth in the state's economy, an alternative to the Governor's ballot proposal to reduce the rate over three years.

In its annual analysis of state spending, MTF reports that soaring expectations are creating a demand for a combination of major spending increases and large tax cuts that cannot be sustained in the long term.

This in-depth analysis of the Commonwealth's capital finances finds that the growing pressure on the capital budget has reached a crisis stage.

Despite the state's progress in reducing the overall burden of property taxes in the years since Proposition 2½ was adopted, Massachusetts businesses continue to pay a disproportionate share of the local property tax bill, according to this in-depth analysis.

This study, one of a series comparing the Commonwealth's taxes and business costs with other states, finds that Massachusetts ranks higher than the national average for personal income and corporate income taxes, and lower than average for sales and excise taxes.