Launched by Massachusetts Governor Baker and First Lady Lauren Baker in partnership with the One8 Foundation, the Massachusetts COVID-19 Relief Fund will serve essential frontline workers and vulnerable populations across the state facing...

A tax incentive is an aspect of Massachusetts tax code designed to incentivize or encourage a particular economic activity. Tax incentives can take many forms, including a deduction, exclusion, or exemption from a tax liability offered as an...

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Massachusetts has a complicated corporate tax code with different tax rates and tax bases for different industries. We have a corporate excise tax which, generally speaking, is based both on income and net worth. For traditional...

Massachusetts imposes a 6.25% sales and use tax on all tangible, physical products being sold to a consumer and on certain services. Its sales tax base is narrowly defined, however. In addition to exempting food, clothing, prescriptions and other...

Massachusetts relies heavily on the taxation of personal income to fund annual operating expenses, collecting approximately 55% of all tax revenues from this source. The Commonwealth taxes both earned (salaries, wages, tips, commissions) through...

The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research...

The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research...

The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research...

The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research...