- 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.
- September 10 2012
MTF participates in D.C. forum on business role in Massachusetts health reform; new report highlights business involvement.
- July 11 2012
The Foundation’s latest release, issued jointly with The Boston Foundation and Metropolitan Area Planning Council, summarizes the enormous success of the state’s municipal health insurance law on the one-year anniversary of its passage by the Legislature. First-year savings have now reached an astonishing $175 million statewide as at least 160 cities and towns have taken steps to implement changes in their health plans.
- 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.
- April 13 2012
Massachusetts has achieved near universal health care coverage with only modest additional costs to state taxpayers, according to a new study released today by the Massachusetts Taxpayers Foundation (MTF).
The report, Massachusetts Health Reform Spending, 2006-2011: An Update on the “Budget Buster” Myth, found that state spending directly attributable to the health reform law grew from $1.04 billion in fiscal 2006 to $1.95 billion in fiscal 2011. The state’s share after accounting for federal reimbursements was $453 million, which equates to only 1.4 percent of the state’s $32 billion budget in fiscal 2011.
- 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.