Governor Baker has put forward a $2.4 billion supplemental budget that uses $1.6 billion of the state’s fiscal year (FY) 2022 anticipated revenue surplus and several federal revenue sources to maintain and expand several COVID-19 related programs,...

The ballot initiative to impose an income surtax, commonly referred to as the millionaires tax or the fair share amendment, will finally be decided by voters this November. I hope we can put this ill-advised proposal to rest once and for all by...

A recent analysis from the Massachusetts Taxpayers Foundation, a pro-business research group, showed Massachusetts’ gross state product would increase by $25 billion over five years if we were to close gaps in these key areas. According to the same...

Massachusetts Taxpayers Foundation President Eileen McAnneny said changes to capital gains and estate taxes are of particular interest to retirees. "People in retirement certainly are thinking about where they'll choose to retire, and cost...

On behalf of the Massachusetts Taxpayers Foundation, I write to express my support for An Act to Improve Massachusetts Competitiveness and Reduce the Cost of Living. The package proposed by Governor Baker is fiscally responsible and positions the...

Governor Baker’s Budget – Five Things to Know Among the many elements in Governor Baker’s budget, several proposals and assumptions stand out as being particularly notable.  Each of these items will play a significant role in the budget...

Please join us for our March policy call. The topic will be an update on early education. For more information about this event, please contact Debbie Carroll at dcarroll@masstaxpayers.org. MTF members, click HERE to register. Upcoming Calls ...

This MTF policy call will provide a comprehensive overview of the FY 2023 House Ways & Means budget proposal. We will look at new spending and policy initiatives to be considered by the House, assess the status of Governor Baker’s tax relief proposal...

On behalf of the Massachusetts Taxpayers Foundation, I write to express my support for House Bill 2881: An Act Relative to the Massachusetts Estate Tax Code. Massachusetts Taxpayers Foundation is a non-partisan, nationally recognized, non-profit...

Budget leaders from the House, Senate, and Administration have agreed on $36.9 billion as the consensus tax revenue figure for the fiscal year 2023 budget. Budget makers expect tax revenues to grow by $967 million (2.7 percent) over estimated FY 2022...