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Doug Howgate, president of the business-backed Massachusetts Taxpayers Foundation, said he was happy the negotiators included just about every element in both the House and Senate proposals, even if some were scaled back.
“They really included...
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Top Massachusetts lawmakers say tax relief deal puts credits 'into the pocketbook of every taxpayer'
“We’ve really been about 20 years since the last major tax relief," said Doug Howgate, president of the Massachusetts Taxpayers Foundation. "Your tax code can get out of whack with where your residents are and where you want to be."
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The business-backed Massachusetts Taxpayers Foundation opposed the change. It noted, however, that a recent analysis by the Department of Revenue suggested the impact would be limited because more couples would file separately on both their state and...
Publication
House and Senate conferees have released a compromise tax bill that includes an impactful combination of tax cuts to help people and employers in Massachusetts. The $951 million package includes a total of 17 different tax relief provisions, each of...
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A related and revealing statistic: Economic output in the Northeast and Mid-Atlantic states fell below that of six big southern states (Florida, Georgia, North Carolina, South Carolina, Tennessee, and Texas) in 2021, and the gap is only getting wider...
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A new report paints a sobering picture of what the shift to remote and hybrid work could do to the city’s economy in the months and years ahead, given the reduction in foot traffic and spending seen in the downtown since the pandemic.
“Urban...
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“Massachusetts hasn’t really done tax relief in 20 years,” said Doug Howgate, president of the Massachusetts Taxpayers Foundation, which this week released its latest report that insists the “package is paid for, affordable, and overdue.”
“You...
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A new report by the Massachusetts Taxpayers Foundation points to huge post-pandemic jumps in state revenue before urging the Legislature to use the time left in the year to finally get their act together on tax cuts.
According to the MTF, the...
Publication
The State’s Workforce Investments – Most Important Things to Know1.;State investments in workforce programs have significantly increased over the past five years. In FY 2023, policymakers increased workforce spending by $214 million (62 percent) over...
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As cities like Boston continue to navigate changes in urban economies resulting from the ongoing pandemic recovery, a new report from the Massachusetts Taxpayers Foundation (MTF) details the challenges and opportunities that lie ahead. Urban...