Senior Policy Analyst
Kurt Wise is a Senior Policy Analyst at the Massachusetts Budget and Policy Center, focusing on tax policy.
Before joining MassBudget, Kurt worked as a policy analyst at the Maine Center for Economic Policy and the Massachusetts Taxpayers Foundation.
In his twenties and early thirties, Kurt owned and operated a small, book wholesaling business. During that period, he also worked in cabinetry and construction, eventually designing and building his own, super-insulated home in the woods of Pelham, Massachusetts.
Kurt holds a master’s degree in Public Policy Analysis (MPP) from Duke University and a B.A. in Anthropology from UMass Amherst.
This policy brief examines the evidence on the likely migration effects of raising income taxes on households with taxable annual income above $1 million and the impacts on net state revenue.
The cost to the state from special business tax break spending has nearly tripled, even after adjusting for inflation, from $370 million in 1996 to over $1 billion anticipated in this fiscal year. Despite the findings of a 2012 report from a state special commission that called for limiting these breaks and studying their effectiveness, most state business tax breaks have not faced a thorough examination.