- January 7 2014The Foundation released its 43rd annual report on municipal finances concluding that despite a modest rebound in revenues, municipalities find themselves in a long-term budget squeeze because the costs for pensions, employee and retiree health care, and debt service are rising faster than revenues.
- December 11 2013
Tax revenues will grow by $1.1 billion, or 4.7 percent, to $24.37 billion in fiscal 2015, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts Taxpayers Foundation.
“Despite an improving economic picture, the 2015 budget will challenge lawmakers once again,” Widmer said.
- October 31 2013Testimony of Michael J. Widmer President, Massachusetts Taxpayers Foundation Before the Joint Committee on Public ServiceThe Foundation testified on the enormous $46 billion in unfunded retiree health care liabilities facing Massachusetts state and municipal governments.
- September 26 2013The Massachusetts Taxpayers Foundation applauds the Legislature for its vote to repeal the sales tax on computer and software services. This was a difficult but important vote, and the Foundation commends legislators for their quick action to repeal the tax and to make the repeal retroactive.
- September 9 2013
The Foundation’s comprehensive 50-state analysis shows that the recently enacted software services tax is the most burdensome in the nation. The Excel file allows users to compare Massachusetts to 49 other states on the tax treatment of 11 different categories of computer and software services.
- 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.