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Displaying 451–460 of 1152
News Item
Report: T faces ‘fiscal calamity’ in few years
The Massachusetts Taxpayers Foundation published a new report on Thursday describing the financial future of the state’s largest public transit agency as “unequivocal and unsettling.” Despite the infusion of $2 billion in federal stimulus funds...
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Publication
MBTA FINANCES CAST A LONG, RED SHADOW FOR INCOMING LEADERS
MTF issues its latest analysis of MBTA finances. Despite the recent infusion of federal funds and due in part to the unforeseen effects of the pandemic, the report documents the imminent financial cliff that will face the agency in 2023. The intent...
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Publication
Governor Baker’s FY 2021 Closeout Supplemental Budget Proposal
This MTF Brief summarizes the key elements of the Governor’s proposal Fiscal background: Massachusetts ended FY 2021 with $34.1 billion in tax revenue - $5 billion higher than the revenue benchmark established in January. $1.1 billion of...
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Event
MTF Trustees Meeting
The next MTF Trustees meeting will be virtually on Tuesday, September 28, from 8:00 to 9:30 am. There will be staff updates on MTF's policy and research agenda, and Senate Ways and Means Chairman Michael Rodrigues will join us.  To register,...
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Event
Transportation Policy Forum - Is Anything Normal Anymore?
A lot is going on in the transportation world - ARPA funding, the September vote by the House on the $1 trillion bipartisan infrastructure bill, the looming operating and capital budget challenges at the MBTA, uncertain return to work policies and...
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News Item
The Massachusetts estate tax is in need of an overhaul
“The low exemption has made it essentially a middle-class tax burden if you own real estate in the Commonwealth,” notes Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. ...
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News Item
Baker proposes $1B unemployment insurance fund cut to unburden employers
Massachusetts Taxpayers Foundations President Eileen McAnneny said employers would love to see their full UI debt from the pandemic canceled, but surmised that "might not be realistic given competing needs. "This obviously doesn't address the whole...
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Event
FORUM 2: APPLYING THE LESSONS OF THE GREAT RECESSION TO THE PANDEMIC RECOVERY
The forum will include a presentation on the American Recovery Reinvestment Act’s role in the Commonwealth’s emergence from the Great Recession, followed by a panel discussion of how that experience can help us use ARPA resources wisely. ...
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News Item
Boston Mayoral Candidates Address City's Racial Wealth Gap
Another study from The Massachusetts Taxpayers Foundation supports that argument. It found that if Massachusetts could close the economic divide, the state's gross domestic produce would increase by $25 billion over five years. "Just to put that in...
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News Item
Tax collections soared 15 percent last fiscal year
In late June, the Massachusetts Taxpayers Foundation published a seven-page analysis that projected the state could wind up with a discretionary surplus from fiscal 2021 of between $1.13 billion and $1.48 billion after accounting for an automatic...
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