Displaying 11–20 of 31
Jan 24, 2023
BUDGET & TAXES > Taxes > Income Tax
A proposal outlined by the Massachusetts Taxpayers Foundation at the hearing called for splitting the money from the surtax equally between two trust funds, one for education and one for transportation. The foundation recommended not touching any...
BUDGET & TAXES > Taxes > Income Tax
Jan 24, 2023
BUDGET & TAXES > Taxes > Income Tax
Massachusetts Taxpayers Foundation President Doug Howgate described the dynamic in his written testimony by noting the “headwinds are unnerving and plentiful,” including the potential for a global recession, the war between Russia and Ukraine,...
BUDGET & TAXES > Taxes > Income Tax
Jan 24, 2023
BUDGET & TAXES > Taxes > Income Tax
Evan Horowitz, executive director of Tufts University’s Center for State Policy Analysis, and Doug Howgate, president of the Massachusetts Taxpayers Foundation, urged lawmakers to spend a specific amount of the surtax revenue annually (Horowitz...
BUDGET & TAXES > Taxes > Income Tax
Nov 24, 2022
BUDGET & TAXES > Taxes > Income Tax
“It’s unlikely that the Legislature would make any significant moves in the short term,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. “It could be a couple of years before they see how this all plays fiscally.” ...
BUDGET & TAXES > Taxes > Income Tax
Oct 27, 2022
BUDGET & TAXES > Taxes > Income Tax
But during the press conference, Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the structure of Ballot Question 1, which requires a constitutional amendment to take effect, is “really problematic. ”Should unexpected...
BUDGET & TAXES > Taxes > Income Tax
Oct 26, 2022
BUDGET & TAXES > Taxes > Income Tax
“(The) Massachusetts economy is in a period of transition, we know we’re against a backdrop of high inflation, we have labor shortages, an uptick of remote work, and employers and employees have more options of where to locate than ever before,”...
BUDGET & TAXES > Taxes > Income Tax
Oct 26, 2022
BUDGET & TAXES > Taxes > Income Tax
Surtax supporters have dubbed the measure the “fair share amendment,” but Massachusetts Taxpayers Foundation President Eileen McAnneny said Wednesday during a press conference hosted by the Coalition to Stop the Tax Hike Amendment that the “notion...
BUDGET & TAXES > Taxes > Income Tax
Sep 07, 2022
BUDGET & TAXES > Taxes > Income Tax
“By forgiving these expenses, I think fewer people will qualify for the tuition deduction,” Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, told the Herald. “In some way, we might see a slight bump in income tax collections...
BUDGET & TAXES > Taxes > Income Tax
Aug 08, 2022
BUDGET & TAXES > Taxes > Income Tax
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state balance sheet is strong enough for Beacon Hill to still carry out its economic development agenda. Year-over-year tax collections grew over 20 percent, and the state...
BUDGET & TAXES > Taxes > Income Tax
Aug 06, 2022
BUDGET & TAXES > Taxes > Income Tax
Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation, said she thinks it’s possible. And she questioned whether it made sense to impose what she considers a politically risky tax on millionaires when the cap is simply going to...
BUDGET & TAXES > Taxes > Income Tax