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Massachusetts relies heavily on the taxation of personal income to fund annual operating expenses, collecting approximately 55% of all tax revenues from this source. The Commonwealth taxes both earned (salaries, wages, tips, commissions) through...
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The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research...
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