Citing the recently passed technology tax “as a grave danger to the future of the innovation economy,” 20 Massachusetts business leaders, representing both small and large companies, today filed an initiative petition to repeal the recently enacted 6...

The Foundation’s analysis of the Governor’s tax proposal shows that the elimination of the personal income tax exemptions and the additional corporate taxes account for most of the $1.9 billion in new revenues. The analysis also summarizes the 44...

Fiscal 2014 tax revenues will grow by $835 million, or 3.9 percent, to $22.37 billion, according to a new forecast released today by the Massachusetts Taxpayers Foundation. “While fiscal 2014 shows an improving revenue picture, we are still a long...

The Foundation’s latest report, State Tax Expenditures: Less Than Meets The Eye, examines the state’s annual estimate of “tax expenditures,” or the amount of revenue the state foregoes because of exceptions to tax laws. While commonly thought of as...

In the attached table, the Foundation summarizes and contrasts the 2013 final budget passed by the Legislature and signed by the Governor with spending for fiscal years 2008 through 2012.

In the attached table, the Foundation summarizes and contrasts the 2013 budget proposals of Governor Patrick, the House and Senate Ways and Means as well as final spending for fiscal 2010 and 2011 and the original and projected spending for fiscal...

Fiscal 2013 tax revenues will grow by $822 million, or 3.9 percent, to $22 billion, less than half the rate of expansion in fiscal 2011, according to a new forecast released today by the Massachusetts Taxpayers Foundation.“The small growth in tax...

Fiscal 2012 tax revenues will grow by $923 million or 4.7 percent to reach a total of $20.56 billion, according to a new forecast released today by the Massachusetts Taxpayers Foundation. The Foundation projects tax collections of $19.63 billion in...

“Preparing a budget months in advance is difficult in the best of circumstances but this year is particularly challenging given the huge revenue swings that could result from any one of several scenarios in play, including the potential impact on...

In a presentation to business and government leaders, MTF President Michael Widmer described the $2 to $2.5 billion budget gap facing the state in 2012, which will likely turn out to be the most difficult year of the state's extended fiscal crisis....