Publications: Taxes

With the state struggling to pay the cost of its current health care programs, the Foundation called on the Legislature to dedicate any new revenues from the proposed 50-cent increase in the tobacco tax to meet the Commonwealth's long list of underfunded health care obligations before further expanding the Medicaid rolls.

Legislative Testimony: MTF testimony in opposition to legislation that would undo important tax reforms for manufacturers and mutual fund companies, two key elements of the state's export sector.

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.

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.