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Displaying 511–520 of 1152
News Item
Debate opens Monday on $47.6 billion proposed House budget
If all the amendments were accepted, they could boost spending by another $1.04 billion, according to a Massachusetts Taxpayers Foundation analysis. “It is likely that the final House budget will increase spending by a further $60-$80 million,”...
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News Item
Watchdog seeks delay on 'millionaires tax' vote
In written testimony, the Massachusetts Taxpayers Foundation asks legislative leaders to postpone a second and final vote on the proposed amendment, which seeks a 4% surtax on the portion of an individual's annual income above $1 million. Eileen...
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News Item
Lawmakers' earmarks fill budget
The Massachusetts Taxpayers Foundation said its analysis of the budget found nearly 1,000 amendments that would increase the plan's cost by more than $1 billion. ...
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Publication
Five Questions Concerning the Income Surtax Ballot Initiative for Legislators to Consider Before Changing the Constitution
Legislators will hold a constitutional convention during this 192nd session of the General Court and are likely to vote on whether or not to advance a ballot initiative that amends the Massachusetts Constitution to impose an additional four...
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Publication
FY 2022 House Budget Amendments by the Numbers
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Publication
House Ways and Means FY 2022 Budget
Today, the House Committee on Ways and Means (HWM) released its $47.6 billion spending plan for fiscal year (FY) 2022. House members will file amendments to the budget in the coming days, with debate scheduled for the week of April 26th. This...
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Publication
Letter to United States Department of the Treasury
The American Rescue Plan Act of 2021, which became law when President Biden signed H.R. 1319 on March 11, will provide approximately $350 billion to state and local governments to mitigate the economic impact of the pandemic. Section 602(c)...
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News Item
Beacon Hill leaders agree on school aid increases
The Massachusetts Taxpayers Foundation, in a report outlining issues to watch in the House budget, classified it as "highly unlikely" that the House Ways and Means proposal would adjust the underlying revenue estimate.  "An upgrade to FY...
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News Item
Shifting MassHealth dynamics driving up costs by $1.4 billion
In flagging the MassHealth issue of next week’s House budget rollout, the Massachusetts Taxpayers Foundation pegged the fiscal 2022 MassHealth gross spending increase at about $1.45 billion over what the governor included in his initial budget...
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News Item
Climbing tax revenues, federal aid leave Massachusetts in improving financial place
With the House Committee on Ways and Means poised to release its budget next week, MTF says the “resource and spending implications for the FY 2022 budget … will need to be accounted for by both the House and Senate budgets.” The House budget ...
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