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Displaying 171-180 of 642
Jan 05, 2022
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Jan 05, 2022
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According to an analysis by the Massachusetts Taxpayers Foundation, much of the spending will be for healthcare at $946 million, housing at $624 million, infrastructure at $414 million, education at $389 million and economic development at $267 million. An additional $500 million was pumped into…
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Jan 02, 2022
News Item
Jan 02, 2022
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Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, noted that the risk of losing the state’s aging population to other states like Florida and New Hampshire has created a ripple effect on the state’s other revenues, including capital gains taxes, interest, dividends, and sales…
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Jan 01, 2022
News Item
Jan 01, 2022
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Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, noted that the risk of losing the state's aging population to other states like Florida and New Hampshire already has a ripple effect on the state's other revenues, including capital gains taxes, interest, dividends, sales tax…
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Dec 22, 2021
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Dec 22, 2021
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The Massachusetts Taxpayers Foundation has long argued that an aging, retiring workforce will cause challenges in Massachusetts. Goodman said COVID has sped up that challenge. While in past recessions, older adults often delayed retiring for financial reasons, this time, many older adults are…
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Dec 22, 2021
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Dec 22, 2021
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Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted state revenue growth will remain “robust” in fiscal year 2022 at $37.2 billion, or about $3.1 billion higher than the previous fiscal year. “This growth of 9% is fueled by employment bouncing back, wage increases,…
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Dec 21, 2021
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Dec 21, 2021
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The Massachusetts Taxpayers Foundation offered a mixed outlook, with President Eileen McAnneny forecasting that revenue growth will “remain robust” this fiscal year before flipping to a “completely different story” next year when the situation will revert “back to a period of stalled growth. ”…
News Item
Dec 21, 2021
Publication
Dec 21, 2021
Publication
Massachusetts experienced a startling $4.5 billion surge in tax revenues in FY 2021 representing 15 percent growth in the midst of the pandemic. MTF projects that FY 2022 revenue growth will remain strong, reaching $37.2 billion or $2.9 billion above the current benchmark. What makes this even more…
Publication
Dec 20, 2021
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Dec 20, 2021
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The news, announced Friday afternoon, comes after the Massachusetts Taxpayers Foundation reported that, based on spending rates in September, the Commonwealth Cares for Children (C3) grants, which were launched over the summer, would be spent down by the end of February 2022.
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Dec 17, 2021
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Dec 17, 2021
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“The net difference between where we thought we were going to be and where we are is literally billions of dollars,” said Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation. Howgate said early in the pandemic, policymakers were looking back at the 2008 recession…
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Dec 16, 2021
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Dec 16, 2021
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Massachusetts Taxpayers Foundation executive vice president Doug Howgate said the number of earmarks in this item is not normal, but also not unheard of, especially in an arts, culture and tourism-related item. Earmarked items had been kept separately in the House and Senate version of the ARPA…
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