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Displaying 1091–1100 of 1147
News Item
Capital gains eyed by state rep. as way to boost revenue
Massachusetts Taxpayers Foundation President Eileen McAnneny said lawmakers should be "very careful"in considering changes to the capital gains tax rate, warning of potential unintended consequences like discouraging people from investing or saving....
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News Item
Editorial: House budget holds the line, but for how long?
But as the Taxpayers Foundation points out, there are also some trip wires out there — items perpetually underfunded. When Administration and Finance Secretary Mike Heffernan announced the governor was putting in $100 million for snow and ice removal...
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News Item
Jobs, local aid set to flow from Everett casino
In a report published Wednesday, the Massachusetts Taxpayers Foundation said the state is "essentially on pace"to collect its anticipated $138 million in gaming revenue this fiscal year and can expect to collect $294 million in fiscal year 2020,...
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News Item
Rockland Trust among companies pledging to be recovery friendly
Massachusetts Taxpayers Foundation President Eileen McAnneny said addressing the opioid epidemic is an “economic imperative,” and that MTF is hoping to draw as many employers as possible into the effort. Initial participants include John Hancock,...
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News Item
State budget gap pegged at $900 million in new report
The Massachusetts Taxpayers Foundation on Wednesday predicted the upcoming budget cycle will differ significantly from the last two, during which tax receipts shattered projections and enabled the state to bulk up its cash reserves, pass one-time...
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News Item
Massachusetts state pension, debt liability ‘at crisis level’
“We’re talking about big increases and every year and the cost is expected to go up almost 10% a year,” said Heath Fahle, policy director for the Massachusetts Taxpayers Foundation. “Health care, local aid, public safety, MBTA and road projects all...
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News Item
A role for employers in battling opioid scourge
The Massachusetts Taxpayers Foundation is best known for the critical eye it casts on state finances. But the business-backed group is also using its data-crunching for another purpose: curbing opioid abuse. President Eileen McAnneny is spearheading...
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News Item
Coronavirus could cause Mass. lawmakers to rethink the state budget
The margin for error already seemed slim: The business-backed Massachusetts Taxpayers Foundation issued a report on Wednesday highlighting several uncertain aspects of Governor Charlie Baker’s spending plan for the next fiscal year. MTF said Baker’s...
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News Item
Delayed Tax Day Forces Beacon Hill Into Emergency Budget Hole
"The COVID-19 pandemic is a public health emergency that is causing a public finance emergency in Massachusetts,"said a new analysis of the state's fiscal outlook by the Massachusetts Taxpayers Foundation published Monday. The analysis found that $3...
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News Item
State revenue shortfall could reach $3 billion
The analysis by the center is similar to a report released March 17 by the business-backed Massachusetts Taxpayers Foundation. The foundation analysis estimated a lower revenue falloff — $300 million to $500 million – in the current fiscal year. But...
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