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. ...

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...

In order to try to minimize the enormous consequences of Question 1, the proponents argue incorrectly that total state spending is $47 billion when, as the Foundation has shown, the correct number is approximately $31.8 billion. ...

Though the Commonwealth’s fiscal year 2019 ended June 30th, decisionmakers must make several important choices before the final accounting of the state’s finances for the year can be completed. Most importantly, lawmakers will determine how to...

Last week the House and Senate passed separate versions of the final supplemental budget necessary to close out fiscal year 2017. This brief assesses the final FY 2017 budget gap and looks at the strategies the Administration and the Legislature is...