Governor’s FY 2022 Proposal: Short-Sighted Recovery Budget Leaves Opportunity to Chance for K-12, Transportation & More

 
“The Baker Administration’s budget proposal for the upcoming Fiscal Year (FY) 2022 fails to make the level of investments needed to advance racial and economic equity. Our budgets must be antiracist and provide stable housing, quality education, food security, community well-being, health, and economic opportunity for all. This budget does not achieve that vision.
 
1.5 million Massachusetts adults in early January said they are having at least some difficulty paying for usual household expenses, like rent or utilities. The Baker Administration is taking a risk by relying on one-time federal funds to address a housing crisis that existed before COVID, but has been made more acute by the pandemic.
 
In K-12 schools, last year’s delays to implementation of the Student Opportunity Act (SOA) has left our school districts lacking desperately needed funds. While it is commendable that the Governor is making some progress on the SOA, we’ve still lost one year out of the seven that we won’t get back — catching up means doing one-sixth of the SOA. After a year of unpredictability, students need us to deliver on our promises.
 
The proposal excludes any substantial new revenue, running counter to public opinion showing a majority of Massachusetts voters saying they want us to raise taxes on the wealthiest and profitable corporations. Not raising progressive revenue at this time shortchanges essential programs such as K-12 education and transportation, at the time of greatest need. Using federal dollars and Rainy Day Funds are all acceptable maneuvers to balance a strained budget, but more is required if we are to build an equitable recovery that benefits everyone.”

Latest

Testimony to the Joint Committee on Revenue on the Governor’s Tax Proposals

Testimony presented to the Joint Committee on Revenue on March 28, 2023, regarding Governor Healey’s tax proposals.

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Taking Measure of the Governor’s Tax Plan

The Governor’s proposal would provide benefits to households across the income spectrum, but by far the largest benefits would accrue to a small number of very wealthy families.

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Governor’s Estate Tax Plan Is Costly and Gives Biggest Breaks to Largest Estates – Better Options Exist

During the current legislative session, lawmakers will consider a number of proposals for changing the Massachusetts estate tax. Two proposals are compared here – one put forward by Governor Healey (H.42), and another, S.1784/H.2960, offered in the Senate and House.

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