If Massachusetts could close the wealth gap in Black and Latino communities, the state could grow its economy by $25 billion over five years, the equivalent of adding up to 100,000 jobs, according to an analysis by the Massachusetts Taxpayers...

The Massachusetts Taxpayers Foundation estimated the changes proposed by Rodrigues would reduce the tab for the film tax credit by $10 to $15 million a year. ...

The Senate Committee on Ways and Means (SWM) released its fiscal year (FY) 2022 budget today totaling $47.19 billion. Senators now have a chance to offer amendments. The plan will be debated and amended by the full Senate in two weeks and then...

Earlier today, the House completed three days of budget debate to finalize their fiscal year (FY) 2022 budget. This Bulletin summarizes notable changes made to the House Ways and Means (HWM) proposal and looks ahead to key issues to watch when the...

Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation, said he thinks the state is right to take a careful approach with its federal aid and that it’s important legislators consider how the American Rescue Plan’s additional...

If all the amendments were accepted, they could boost spending by another $1.04 billion, according to a Massachusetts Taxpayers Foundation analysis. “It is likely that the final House budget will increase spending by a further $60-$80 million,”...

In written testimony, the Massachusetts Taxpayers Foundation asks legislative leaders to postpone a second and final vote on the proposed amendment, which seeks a 4% surtax on the portion of an individual's annual income above $1 million. Eileen...

The Massachusetts Taxpayers Foundation said its analysis of the budget found nearly 1,000 amendments that would increase the plan's cost by more than $1 billion. ...

Legislators will hold a constitutional convention during this 192nd session of the General Court and are likely to vote on whether or not to advance a ballot initiative that amends the Massachusetts Constitution to impose an additional four...