“We are at a pivotal moment for the MBTA and our economy,” said Eileen McAnneny, President of the MTF. “Now that the breadth and severity of the problems confronting the MBTA have been revealed and the price of inaction is evident, we have a real...

Foundation President Eileen McAnneny testified in support of House Bill 62, An Act to Support Working Families, and in particular the proposal to link expanding the state’s earned income tax credit with repeal of the state’s film tax credit. This...

MTF joined seven other business organizations in support of Senate Docket 883, An Act to Enhance Employment Opportunities, that updates the state's independent contract law to maintain and grow Massachusetts’ economy.

The FY 2016 budget has been hampered by a large structural gap that is the result of $1.2 billion in one-time funds used in FY 2015 and $1.5 billion in spending growth for non-discretionary accounts. That $2.7 billion total shortfall is offset by tax...

The MBTA’s fiscal and structural problems are so severe and pervasive that marginal reforms will no longer suffice. The MBTA has reached the end of its line and needs a comprehensive rescue plan before there is any discussion of new revenue.(Governor...

The Foundation is working with other business groups to address issues with the net worth measure of the state’s corporate excise. This memo provides a detailed explanation of the issues and solutions.

In anticipation of the release of the Governor’s budget later this week, this briefing provides a status report on fiscal year 2016 and an overview of what we anticipate for fiscal year 2017.

Tax revenues will grow by $1.1 billion, or 4.5 percent, to $25.5 billion in fiscal 2016, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts...

The Foundation’s analysis concludes that the state is facing an estimated budget deficit of $1 billion for fiscal 2015.