On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan is supported by tax, departmental, and federal revenues, as well as the use of trust fund resources built up in recent...

In November, Massachusetts residents will vote on as many as 11 initiative petitions that would make major changes to state law. Three of those questions relate directly to the Commonwealth’s economic and fiscal future:• Implementation of mandatory...

The House Committee on Ways and Means (HWM) released its Fiscal Year (FY) 2027 budget proposal earlier today; a spending plan that totals $63.33 billion. Their budget represents a $2.3 billion (3.7 percent) increase over the FY 2026 General...

Over the last three years, the Massachusetts Taxpayers Foundation has written extensively on the relationship between pandemic-induced changes in working patterns, diminished vibrancy in our downtowns, and the lack of accessible and affordable...

On March 30th, the Special Joint Committee on Initiative Petitions heard testimony on H.5006 An Act Relative to Limiting State Tax Collection Growth and Returning Surpluses to Taxpayers. MTF was asked to provide expert testimony on the proposal,...

On March 30th, the Special Joint Committee on Initiative Petitions heard testimony on H.5007 An Act to Reduce the State Personal Income Tax Rate from 5% to 4%. MTF was asked to provide expert testimony on the proposal, which would reduce state tax...

On January 28th, the Healey-Driscoll administration released its $63.36 billion Fiscal Year (FY) 2027 budget proposal. The spending plan reflects an increase of $2.3 billion (3.8 percent) over the FY 2026 General Appropriations Act (GAA) and $668...

On January 28th, the Healey-Driscoll administration filed its budget proposal for Fiscal Year (FY) 2027. The $63.36 billion plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the...

This afternoon, the Healey-Driscoll administration released its Fiscal Year (FY) 2027 budget proposal. The $63.36 billion spending plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the...

In November 2019, An Act Relative to Educational Opportunity for Students (Chapter 132 of the Acts of 2019) was signed into law by Governor Charlie Baker. Better known as the Student Opportunity Act (SOA), the new law represented the...