State revenue shortfall could reach $3 billion

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Mar 30 2020

By Shira Schoenberg, Commonwealth Magazine

The analysis by the center is similar to a report released March 17 by the business-backed Massachusetts Taxpayers Foundation. The foundation analysis estimated a lower revenue falloff — $300 million to $500 million – in the current fiscal year. But it estimated a similar impact — $2 billion to $3 billion — for fiscal 2021.
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