- March 3 2009In collaboration with four other groups, the Foundation has put forward a comprehensive transportation reform and finance plan to address the long backlog of transportation investments critical to the Massachusetts economy. The plan encompasses the recommendations of the Transportation Finance Commission, on which the Foundation served, including changes to the MBTA's benefit structure that could save between $1 and $2 billion over the next 20 years. The proposed 25 cent increase in the gas tax would enable the Commonwealth to address the rapidly deteriorating roads and bridges in each section of the state, putting the regional transit authorities and the Western Turnpike, as well as the MBTA, on stronger financial footing, and provide some toll relief to those using the Metro Highway System.
- December 31 2008
The attached budget summary shows fiscal 2009 spending after the Governor's first round of "9C' cuts of $708 million and a savings of $100 million by extending from 2023 to 2025 the funding of the state's unfunded pension liabilities. With these reductions, fiscal 2009 spending increased by 1.6 percent over 2008.
- December 15 2008The global economic recession will lead to a large decline in state tax revenues in fiscal 2009 and 2010, according to a forecast released today by the Massachusetts Taxpayers Foundation.
- December 10 2008The cities and towns of Massachusetts are facing a relentless fiscal squeeze in which year after year costs are growing faster than revenues for almost all communities.
- December 2008We are deeply saddened by the passing of Kevin Harrington, one of Massachusetts' foremost political leaders of the past half century and a member of the Foundation's Executive Committee since 1987. Mr. Harrington was first elected to the Massachusetts Senate in 1958 and served as Senate President from 1970 to 1978, but his larger imprint on Massachusetts government and politics extended way beyond the years in the Senate. A lover of history and politics and a teacher by nature, Mr. Harrington had a deep commitment to public service and respect for the institutions of democratic government while also displaying great skills and relish at the world of hard-nosed politics. As a member of the Executive Committee for two decades, Mr. Harrington helped guide the Foundation while explaining to business leaders the ways of Massachusetts government and politics. The Commonwealth and the Foundation are deeply indebted to him.
- October 20 2008
This report was prepared by: Global Insight, Inc.
Associated Industries of Massachusetts
Greater Boston Chamber of Commerce
Massachusetts Business Roundtable
Massachusetts Taxpayers Foundation
- October 15 2008In order to try to minimize the enormous consequences of Question 1, the proponents argue incorrectly that total state spending is $47 billion when, as the Foundation has shown, the correct number is approximately $31.8 billion.