Publications

  • October 16 2019
    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 calculations now estimate at approximately $870 million.
  • October 7 2019
    The Baker Administration filed an $18 billion, five-year transportation bond bill on July 25th for consideration by the legislature later in this legislative session. H.4002, An Act Authorizing and Accelerating Transportation Investment, requests the authority to sell bonds to borrow money to fund the Commonwealth’s capital budget.
  • September 30 2019

    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 calculates at approximately $767 million.

  • September 11 2019
    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 reasonable initial step to ensure that the Commonwealth is not an outlier among its peer states.
  • September 4 2019
    The thirty-one Massachusetts organizations signing this letter collectively support the July 30 Senate Environment & Public Works (EPW) Committee’s unanimous approval of the America’s Transportation Infrastructure Act (ATIA).
  • August 14 2019
    On behalf of the numerous businesses represented by the Massachusetts Taxpayers Foundation, I write to respectfully request that you report H.2606 – An Act Allowing for the Deduction of Business Interest – favorably from Committee at your earliest convenience.
  • August 8 2019
    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.
  • August 2 2019
    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 accounts and returned 9 of the 108 policy sections to the legislature for further review.
  • July 26 2019
    I write to offer comments on the rule proposal entitled “Fiduciary Conduct Standard for Broker-Dealers, Agents, Investment Advisers and Investment Adviser Representatives”