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Displaying 561–570 of 1147
News Item
Pandemic takes $693M slice out of tax revenues so far, budget bill reveals
Massachusetts Taxpayers Foundation President Eileen McAnneny said it’s “good news” the state won’t have to dip into the stabilization fund. ...
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News Item
Long-awaited Green Line Extension reaches halfway milestone, officials say
The Massachusetts Taxpayers Foundation has estimated the system will see a $308 million deficit. ...
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News Item
T eyeing service cuts, budget workarounds
Aiello, the chair of the control board, said he was concerned about the high level of borrowing by the MBTA for capital projects, which shows up on the transit authority’s operating budget as debt service. “This is shooting up at a rate that is...
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Publication
Testimony Regarding MTF’s Revised FY 2021 Revenue Forecast
MTF President Eileen McAnneny testified last week at the Economic Roundtable convened by budget writers to help them determine the size of the revenue shortfall for FY2021. The state has been operating on an interim budget since the start of the...
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Publication
FY 2021 Tax Revenue Forecast – October Update
MTF’s President Eileen McAnneny said, “while our revised tax revenue forecast has improved since MTF’s April projection, the improvement is due largely to unprecedented levels of federal financial assistance.  Numerous headwinds could slow the...
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Event
Annual Tax Policy Conference
Pandemics, presidential elections, and public unrest -- what does it mean for tax policy? Featured guest: Geoffrey Snyder, Commissioner, Massachusetts Department of Revenue Featured speaker: Dr. Larry Sabato - "A Crystal Ball...
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News Item
Poftak pushes feds for $32b for transit agencies
The second report suggests the authority’s success over the last few years in addressing long-standing maintenance and modernization needs may come to a halt in four years. The report describes an “impending chasm” between the billions of dollars...
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Publication
MBTA Crisis – Part II
This report, which examines the MBTA’s sources and planned uses of capital funding, finds “an impending chasm” between the costs to maintain and modernize the Authority’s existing infrastructure and available sources to pay for these investments. At...
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Publication
Massachusetts Source Income of Non-Residents Telecommuting due to the COVID-19 Pandemic
The intent of the emergency regulation, this proposed regulation and the related Technical Information Release is to maintain the tax treatment of income received by employees who previously worked in Massachusetts, but due to pandemic-caused...
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News Item
New $400 unemployment plan called ‘highly problematic’ for Massachusetts amid coronavirus crisis
As Bay State officials stare at a $6 billion structural deficit amid plummeting tax revenue, adding this program would be quite difficult, said Eileen McAnneny of the Massachusetts Taxpayers Foundation. “The state would be hard-pressed to find...
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