In The News

Late budget isn't a ‘governance weakness’

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Jul 10 2019

By Heath Fahle, CommonWealth Magazine

There should be no doubt that late budgets cause problems, though not the problems cited by Moody’s. For example, Moody’s worried that local governments would not receive monthly payments. The Commonwealth’s interim budget legislation is brief (less than 250 words), but it authorizes local aid payments explicitly. The state’s debt payments, another potential concern, are already fast-tracked by the state constitution and have little risk of going unpaid.
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Keller @ Large: What Encore Boston Harbor Opening Means For Tax Revenue

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Jun 23 2019

By Jon Keller, WBZ

BOSTON (CBS) – Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, joined WBZ-TV political analyst Jon Keller this week on Keller @ Large to discuss the state of tax issues in the state.

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Will state’s bet on Encore casino pay off? We’re about to find out

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Jun 22 2019

By Joshua Miller, The Boston Globe

Casino revenue is “not a panacea,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a fiscal watchdog group. “Nor will it solve the Commonwealth’s long-term fiscal challenges by any stretch,” though it could help fund new or supplement existing services.

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Boston business leaders weigh in on second go-around for a ‘millionaire’s tax’

Jun 15 2019

By Kalina Newman, South Coast Today

The MTF statement cited doubts over whether the estimated $2 billion in tax revenue would go towards the proposed transportation and education, or would even materialize at all. ″[T]he power to appropriate revenue in the state budget rests solely within the Legislature and cannot be guaranteed in the constitution,” according to the statement. Because the wording of the amendment says the funds are “subject to appropriation,” the decision on how to best spend the additional funds would need to be made each year by future legislatures.
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Mass. business groups lay out ed reform wish list

Jun 13 2019

By Katie Lannan, State House News Service / MetroWest Daily News

The letter, circulated by the Massachusetts Business Alliance for Education and signed by groups including Associated Industries of Massachusetts, the Massachusetts Taxpayers Foundation and the Greater Boston Chamber of Commerce, said employers are reporting trouble finding qualified candidates for open jobs while students are graduating unprepared to secure those positions.

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Baker urges high tech leaders to help in housing, education

Jun 10 2019

By Matt Murphy, State House News Service / The Salem News

The Massachusetts Taxpayers Foundation echoed the message from Anderson in an analysis released Monday where the group concluded that the millionaires tax was not "sound tax policy." The foundation also said the estimated $1.9 million in new tax revenue was "unlikely" to materialize due to the mobility of wealthy taxpayers and the volatility of capital gains taxes. "Given the probability of changes to the economy and taxpayers predilection to avoid taxes it's extremely likely that revenue collections will fall well short of projections for these two reasons," the foundation said.
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For ‘millionaires tax,’ debate rages on

May 24 2019

By Kalina Newman, The Metrowest Daily News

The Massachusetts Taxpayers Foundation, a business-funded public policy organization, has been vocal in its opposition and views the tax as a “far-reaching and unguided experiment that risks the state’s economic well-being.” The MTF statement expressed doubts over whether the estimated $2 billion in tax revenue would go toward the proposed transportation and education, or would even materialize at all.
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Prop 2 1/2 overrides disappearing, but taxpayers still pay

May 20 2019

By Eli Sherman, Wicked Local

But within the last decade, new construction and rising property values have helped boost local revenue, offsetting a declining share of state aid provided to municipalities, which fell to 19 percent of municipal revenue in fiscal 2018 compared to 28 percent in fiscal 1999, according to a 2019 report by the Massachusetts Taxpayers Foundation. The increase in new building and property values has also made overrides less common.
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Report details shortcomings at local public health agencies

May 7 2019

By Michael P. Norton and Colin A. Young, State House News Service / The Metrowest Daily News

State Public Health Commissioner Monica Bharel, who chaired the Special Commission on Local and Regional Health, which produced the report, visited Beacon Hill on Tuesday to release a summary of the report and the commission’s recommendations. She was joined by lawmakers and representatives from the Massachusetts Municipal Association, the Massachusetts Taxpayers Foundation and local health departments.
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Are there enough gamblers to keep Bay State casinos in business?

May 6 2019

By Bob Dumas, Boston 25 News

The Massachusetts Taxpayers Foundation estimates the state will reap close to $300 million in FY2020.
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