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In the 33rd edition of its annual summary of trends in local revenue and spending, the Foundation concludes that deep cuts in state aid to cities and towns have produced significant increases in property taxes across the Commonwealth, including...
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In this updated analysis, the Foundation concludes that despite the improving economy and declarations of budget surpluses, the state is still confronting a large and growing structural deficit. Even with tax revenues on track to exceed budget...
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Cities and towns are facing a combination of higher property taxes and employee layoffs as a result of cuts in state aid, according to the Foundation's 34th annual analysis of local revenues and spending. Although the 2005 state budget provides...
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In a new analysis, the Foundation predicts a modest structural surplus in the state budget for fiscal year 2005 while sounding a warning on 2006 finances.
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On October 25 the Foundation released a report analyzing the revenue projections included in the administration's plan to license three casinos in Massachusetts. The detailed analysis raises a variety of questions about the revenues and benefits from...
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With only $63 billion set aside, the state and municipalities have funded less than half—just 43 percent—of the $146 billion they need to pay for benefits already promised to current employees and retirees.
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I am writing today in support of House Bill 1510: An Act Relative to the Massachusetts Estate Tax Code. While the Foundation believes that the Massachusetts estate tax should mirror the federal estate tax, this bill would more closely align the...