MTF revised its FY 2021 tax revenue forecast and presented its findings at the April 14 Virtual Roundtable Discussion on the Impact of COVID-19 on the Commonwealth's Fiscal Health and Economy, hosted by the Senate and House Chairs of Ways & Means...

MTF has revised its FY 2021 tax revenue forecast to include the impact of the COVID-19 pandemic. We project a decline of $4.4 billion or 14.1% from the January 2020 benchmark. The forecast assumes new virus cases peak in April, abate in June, and...

“It is good news that tax revenue collections exceeded the monthly estimates,” said McAnneny. “But caution remains the key word for the rest of the fiscal year because revenues remain below projections for the year.” ...

In its annual report on state spending, MTF reports that with tax collections weakening precipitously, achieving a balanced state budget for fiscal 2002 is likely to be the most difficult financial challenge in a decade. The report highlights three...

The Foundation testified on the enormous $46 billion in unfunded retiree health care liabilities facing Massachusetts state and municipal governments. ...

Given the recent attention to the issue of whether Massachusetts should decouple from Internal Revenue Code Section 163(j), the Massachusetts Taxpayers Foundation (MTF) has assembled a brief primer on the issue explaining what the provision does, why...

In its annual review of state finances, the Taxpayers Foundation warns that largely uncontrollable growth in spending for core programs is outpacing the revenue growth that can be expected to be generated by the state's economy and tax base over the...

"The House Ways and Means fiscal 2008 budget, which will be debated by the full House beginning April 23, has a bottom line that is very similar to the Governor's budget proposal but rejects most of his specific initiatives. The House proposes to...

Following each state election, the Massachusetts Taxpayers Foundation publishes the Massachusetts Legislative Directory, an invaluable guide to the State House. This booklet is designed to help you, the citizen, understand the legislative process and...

The Massachusetts Taxpayers Foundation (MTF) endorses the House and Senate bills that address the shortfall in funding for transportation while continuing to improve the performance of state transportation agencies. ...