“Replacing that revenue is among the biggest challenge budget writers face in balancing the FY2022 budget,” Mass. Taxpayers Foundation said as it also flagged that Baker is using $64 million in one-time revenues from further delaying a charitable...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation said there are still “many moving pieces” in a budget landscape likely to change significantly before July 1. “When we think about the main sources of revenue — tax revenues,...

The Baker Administration has released its budget proposal (House 1) for FY 2022, just over 6 weeks after signing the FY 2021 General Appropriations Act. This bulletin provides an overview of notable spending, revenue and policy elements of the ...

The Massachusetts Taxpayers Foundation (MTF) today announced that Doug Howgate will be joining the organization on Monday as Executive Vice President. Since the fall of 2018, Howgate served as Senior Policy Advisor to Senate President Karen E. Spilka...

MTF's monthly policy call for February will be held on Thursday, February 18th from 10:00 to 11:00 a.m. The topic will be Transportation Policy. We are pleased to have Guest Speaker Joseph Aiello, MBTA FMCB Chair. Mr. Aiello has served as the...

MTF will hold its virtual monthly policy call on Thursday, January 28th, from 10:00 to 11:00 a.m. Staff members will present an overview of MTF's proposed 2021-2022 Research and Policy Agenda for member reaction and input. All your ideas, questions...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said unemployment levels are not expected to return to pre-pandemic levels until 2024. McAnneny noted that the pandemic has also pushed people out of the labor force, with 228...

The Massachusetts Taxpayers Foundation projected $29.73 billion in tax revenues in fiscal 2022, with President Eileen McAnneny laying out the reasoning behind her “cautiously optimistic” scenario. In a seven-page report, McAnneny said the MTF...

MTF President Eileen McAnneny said the bullish projections were predicated on sales taxes jumping 7.1%, or $484 million, and withholding income tax climbing nearly 4%, or $522 million. Gas and room occupancy taxes could also rebound significantly,...

MTF expects tax revenues to increase by $1.54 billion to $29.73 billion in FY 2022, a $1.54 billion or 5.5 percent increase from the most recent FY 2021 projection of $28.19 billion. The Massachusetts Taxpayers Foundation FY 2022 forecast is $1.68...