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Event
MTF member PwC will host the event beginning at 4:00 pm with a brief meeting that includes a keynote by Lt. Governor Kim Driscoll followed by a cocktail hour overlooking the seaport. Members and non-members can Register here....
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Three of the most-read stories from CommonWealth ... related to transportation, and the top story, about a Massachusetts Taxpayers Foundation study, focused on transportation and the fallout from COVID and remote work on the downtown Boston office...
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Massachusetts faces a huge question mark about how to fund the future of transportation in the commonwealth. And we need a plan.A new report from the Massachusetts Taxpayers Foundation described the challenge as “near insurmountable” given the...
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“Given that the MBTA lacks sufficient resources to even manage the previous $10 billion SGR Index, let alone the projects in the unconstrained 10-year spending framework, an additional $2 billion in capital needs puts the capital gap at near...
Publication
On November 16, the MBTA presented an updated analysis of its State of Good Repair (SGR) Index, which measures the Authority’s capital asset needs, to the Board of Directors (here) in which it revised the SGR Index to $24.5 billion from the most...
Publication
On December 4th, the Massachusetts Taxpayers Foundation (MTF), along with the Department of Revenue (DOR) and other economic experts participated in the annual Consensus Revenue Hearing. The hearing offers administration and legislative budget...
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Analysts with the Massachusetts Taxpayers Foundation believe the hiring spree in the wake of the COVID-19 pandemic will slow, as will wage and salary growth, contributing to the sluggish withholding tax revenues.MTF and several other economic experts...
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State revenues including surtax collections need to increase 5.7 percent over the fiscal 2023 total to hit the fiscal 2024 benchmark, according to Doug Howgate, president of the Massachusetts Taxpayers Foundation. Five months in, the growth so far...
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That’s actually a conservative number. According to revenue forecasts prepared by the nonpartisan Massachusetts Taxpayers Foundation, when excluding the surtax takings, the state will end the fiscal year close to $880 million shy of its own revenue...
Publication
Tax revenues for Fiscal Year (FY) 2024 and FY 2025 settle into a post-COVID pattern of lower growth as the economy slows, impacts from migration and an aging population emerge (Appendix A), and tax reforms take effect. Excluding revenues related to...