On behalf of the Massachusetts Taxpayers Foundation, I am writing in support of House Bill 3639, An Act to clarify the net-worth measure of the corporate excise.

Despite the vetoes, the 2016 budget bottom line remains virtually the same because there are both reduced appropriations and savings projections that are lower than originally anticipated.

The MTF is pleased to report that we were successful in preserving the FAS 109 tax deduction for over 120 companies based in Massachusetts while increasing the EITC to 23 percent thanks to the efforts of Governor Baker, Senate President Rosenberg and...

A letter from the Massachusetts Taxpayers Foundation, Associated Industries of Massachusetts, the Greater Boston Chamber of Commerce and the Massachusetts Business Roundtable urging the Governor to veto the elimination of the FAS 109 Deduction.

The Commonwealth of Massachusetts boasts a robust economy with a well-paid and highly educated workforce, and maintaining both is critical to the long-term health and stability of our state. To do this, Massachusetts must ensure not only that it...

In its fiscal 2016 budget, the Senate proposed increasing the state’s earned income tax credit (EITC), raising personal exemptions, and funding those measures by freezing the income tax rate at 5.15 percent with the goal of increasing the state’s...