Displaying 181–190 of 259
Aug 10, 2020
BUDGET & TAXES > Revenue
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the July numbers were perplexing. She said it was hard to understand how tax withholding – the amount withheld from worker paychecks and paid directly to the government in...
BUDGET & TAXES > Revenue
Aug 10, 2020
BUDGET & TAXES > Budget > FY 2021
In Massachusetts, which has the highest unemployment rate in the country at 17.4 percent, the pool of money that funds unemployment benefits has already gone into the red by more than $350 million, said Eileen McAnneny, president of the...
BUDGET & TAXES > Budget > FY 2021
Aug 07, 2020
BUDGET & TAXES > Taxes > Income Tax
The revenue department initially indicated it would collect income taxes in this manner from out-of-state residents until Baker lifted the state of emergency, according to Eileen McAnneny, president of the business-backed Massachusetts Taxpayers...
BUDGET & TAXES > Taxes > Income Tax
Aug 06, 2020
BUDGET & TAXES > Budget > FY 2021
"There's really no money for projects," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "The Legislature is facing a what we've estimated to be a $6 billion shortfall, and they will be forced to make drastic cuts to...
BUDGET & TAXES > Budget > FY 2021
Aug 04, 2020
BUDGET & TAXES > Budget
"There's so much up in the air right now," said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. "This will provide some stability for the state and local governments while they wait for details of a federal aid package."
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BUDGET & TAXES > Budget
Jul 28, 2020
BUDGET & TAXES > Budget > FY 2021
“I’m not sure what the magic of the three months is,” Eileen McAnneny, president of the Taxpayers Foundation, said of the interim budget. “It provides some of the folks who are getting the money at least some certainty in the short term. But it doesn...
BUDGET & TAXES > Budget > FY 2021
Jul 01, 2020
BUDGET & TAXES > Budget > FY 2021
Any sort of budget debate without knowing the level of help from the federal government would be only a hypothetical exercise, said Eileen McAnneny, president of the taxpayers foundation. And Brooke Thomson, head of government affairs at Associated...
BUDGET & TAXES > Budget > FY 2021
Jun 30, 2020
BUDGET & TAXES > Budget > FY 2021
“These lower appropriation levels address the need for continuing government operations while adjusting for lower tax revenue collections, but even this reduced spending could prove to be overly optimistic should federal assistance levels fall short,...
BUDGET & TAXES > Budget > FY 2021
Jun 25, 2020
BUDGET & TAXES > Budget > FY 2021
Unlike Congress, state lawmakers need to pass a balanced budget every year. Money is tight, to say the least: The Massachusetts Taxpayers Foundation recently estimated that state tax revenue in the next fiscal year will drop by $6 billion,...
BUDGET & TAXES > Budget > FY 2021
Jun 22, 2020
BUDGET & TAXES > Budget > FY 2021
In its updated economic outlook released in late May, the Massachusetts Taxpayers Foundation, a leading Beacon Hill watchdog organization, already predicted the state could face a roughly $6 billion budget shortfall this year.
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BUDGET & TAXES > Budget > FY 2021