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Displaying 381-390 of 642
Oct 15, 2019
Publication
Oct 15, 2019
Publication
Though the Commonwealth’s fiscal year 2019 ended June 30th, decisionmakers must make several important choices before the final accounting of the state’s finances for the year can be completed. Most importantly, lawmakers will determine how to allocate the year-end budget surplus, which revised MTF…
Publication
Oct 07, 2019
News Item
Oct 07, 2019
News Item
Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, says it’s not really surprising that employers are worrying more about the end to a decade-plus of economic expansion. But there are mixed signals, still: She points to the latest jobs numbers from the Bureau of…
News Item
Sep 29, 2019
Publication
Sep 29, 2019
Publication
Though the Commonwealth’s fiscal year 2019 ended June 30th, decisionmakers must make several important decisions before the final accounting of the state’s finances for the year can be completed. Most importantly, lawmakers will determine how to allocate the year-end budget surplus, which MTF…
Publication
Sep 23, 2019
News Item
Sep 23, 2019
News Item
The Massachusetts Taxpayers Foundation is among the groups that hopes the film tax credit is in its final seasons, believing the funding could be better spent on “other priorities.” “We are opposed to the film tax credit. We’ve had long-standing opposition,” said Eileen McAnneny, president of the…
News Item
Sep 10, 2019
Publication
Sep 10, 2019
Publication
I am writing today in support of House Bill 2446: An Act Relative to the Massachusetts Estate Tax Code. While the Foundation believes that the Massachusetts estate tax should mirror the federal estate tax, this bill would more closely align the Massachusetts estate tax with federal law, and is a…
Publication
Aug 07, 2019
Publication
Aug 07, 2019
Publication
The Commonwealth Stabilization Fund, the state’s “rainy day” fund, is a critical component of the Commonwealth’s financial structure. For example, amid the Great Recession in fiscal 2009, budgeted tax revenue plummeted by nearly $2.7 billion compared to fiscal 2008. The Stabilization Fund was a key…
Publication
Aug 01, 2019
Publication
Aug 01, 2019
Publication
Governor Charlie Baker signed his fifth General Appropriations Act (GAA) on Wednesday, July 31, 2019, giving his approval to $43.6 billion in spending appropriations. While choosing not to exercise his veto authority to reduce spending, the Governor did veto line-item language in 7 spending…
Publication
Jul 25, 2019
Publication
Jul 25, 2019
Publication
I write to offer comments on the rule proposal entitled “Fiduciary Conduct Standard for Broker-Dealers, Agents, Investment Advisers and Investment Adviser Representatives”
Publication
Jul 21, 2019
Publication
Jul 21, 2019
Publication
Massachusetts legislators released their compromise plan for the fiscal 2020 budget, authorizing $43.6 billion in spending for the fiscal year that began July 1, 2019. The six-member budget conference committee reconciled the differences between the budget plans adopted by the House and Senate 21…
Publication
Jul 09, 2019
News Item
Jul 09, 2019
News Item
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…
News Item