While the House Committee on Ways and Means (HWM) tax bill helps families and seniors by expanding refundable tax credits, it also includes concerning tax cuts that benefit the wealthy – policy that rolls back progress on equity and undermines our competitiveness by limiting our ability to invest in our communities.

On the positive side, the House proposes a boost to the EITC and the Child and Family Tax Credit, and recognizes the need to reform the arbitrary 62F tax cap. Kudos to the committee for including these elements in their package.

Compared to last summer’s House tax package, however, HWM proposes more costly estate tax cuts that give the biggest benefits to the largest estates, which would worsen economic inequality and the racial wealth gap. It also includes an unnecessary single sales factor tax cut for corporations and a short-term capital gains cut, the benefits of which would go overwhelmingly to the wealthiest.

We hope the ultimate benefits of the final tax package will shift markedly toward supporting low and middle income communities and communities of color as it moves through the Legislature. It is investments in our people – not tax cuts for the wealthy and big businesses – that will allow Massachusetts families to grow and prosper, and that will attract additional workers and businesses to the Bay State.


Testimony to support employment of formerly incarcerated individuals and people on transitional assistance in microbusinesses

Policy Director Phineas Baxandall delivers testimony in support for H.2811, “An Act to establish the micro business employee training and workforce development program.”

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How Will We Spend Fair Share Dollars? Competing Proposals Highlight Needs and Opportunities

Fiscal Year 2024, which starts in July 2023, is the first state budget to include Fair Share dollars, and the Governor’s, House, and Senate budget proposals differ in how they would spend Fair Share funds. How do their priorities compare?

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Job Opening: Director of Development

We are seeking a dynamic and highly organized Director of Development who is aligned with MassBudget’s  mission of advancing equitable policy solutions that create an inclusive, thriving Commonwealth for all.

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