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- May 30 2012
While tax expenditures are commonly thought of as tax breaks given to specific businesses or industries, they actually represent a much broader set of tax policies that benefit every resident of the state. Tax expenditures include all exemptions from the state sales tax, as well as exclusions, deductions, and credits that the state allows on personal and corporate income taxes.
- May 24 2012
Implementation of the 2011 municipal health reform law is vastly surpassing expectations as 102 Massachusetts communities have negotiated agreements with employees that will generate $117 million in first year savings, according to a new analysis released today by the Massachusetts Taxpayers Foundation.
- May 16 2012
In the attached table, the Foundation summarizes and contrasts the 2013 budget proposals of Governor Patrick, the House and Senate Ways and Means as well as final spending for fiscal 2010 and 2011 and the original and projected spending for fiscal 2012.
- March 19 2012Massachusetts cities and towns have reached nearly $80 million in first-year savings from municipal health care reform and are on pace to exceed by far the initial estimate of $100 million, according to the most recent data compiled by the Massachusetts Taxpayers Foundation.
- February 8 2012Massachusetts cities and towns are on pace to exceed by far the initial estimate of $100 million in first-year savings under the new municipal health care reform law, according to data compiled by the Massachusetts Taxpayers Foundation.
- December 12 2011
Fiscal 2013 tax revenues will grow by $822 million, or 3.9 percent, to $22 billion, less than half the rate of expansion in fiscal 2011, according to a new forecast released today by the Massachusetts Taxpayers Foundation.
“The small growth in tax revenues will put great strains on the fiscal 2013 budget with increases in nondiscretionary spending outpacing the additional revenues available,” Widmer said.
- December 7 2011
Massachusetts cities and towns endured the most difficult two-year period in the Proposition 2 ½ era in fiscal 2010 and 2011 with property taxes rising to their highest share of local spending in 30 years, according to the Massachusetts Taxpayers Foundation’s 41st annual Municipal Financial Data report.
- June 14 2011
Dozens of communities across the state would lose the benefits of municipal health care reform under the Senate’s provision requiring that municipal contributions for retirees be the same as for active employees, according to a preliminary analysis by the Massachusetts Taxpayers Foundation. The Foundation has identified 50 municipalities and regional school districts that would be impacted, with that number likely to be as high as 100 when all communities have been analyzed.
- May 3 2011
Backed by a broad coalition of business, civic, and education organizations, on April 26 the House took bold action to provide desperately needed fiscal relief to cities and towns by giving municipal leaders the same flexibility as the state to control their soaring health care costs and preserve vital municipal jobs.