Kurt Wise, Author at Mass. Budget and Policy Center - Page 3 of 8

Kurt Wise

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.

All Posts

Fair Share Would Increase Total Tax Rates Only Modestly for Most with Incomes Over $1 Million

Kurt Wise October 27, 2022 Reports Taxes

Because the Fair Share surtax would apply a 4 percent surtax only to the portion of a household’s taxable income above $1 million, the total ...

Very Few Small Businesses Sell for More Than $1 Million; Even Fewer Would be Subject to Fair Share

Kurt Wise October 24, 2022 Reports Taxes

Will small business owners be subject to the proposed Fair Share tax if and when they sell their businesses? Very unlikely.

Fundamentally Flawed: 62F Formula Overstates “Excess” by $1.4 Billion

Kurt Wise October 5, 2022 Reports Taxes

The $2.9 billion estimate of 62F "excess tax collections" recently certified by the State Auditor overstates these net Fiscal Year (FY) 2022 collections by $1.4 ...

Best Research Underscores Value of Fair Share Amendment for Massachusetts Residents

Kurt Wise September 15, 2022 Reports Taxes

An extensive body of research shows that Fair Share would improve tax fairness, support economic and racial justice, and strengthen our state economy. The research ...

Fair Share Tax on Incomes Over $1 Million Would Generate at Least $2 Billion a Year

Kurt Wise August 18, 2022 Reports Taxes

MassBudget estimates that the Fair Share tax on incomes over $1 million is likely to generate at least $2 billion a year in new revenue ...

Average Income in Massachusetts for Every Occupation Is Below $1 Million

Marcus Giang , Kurt Wise July 21, 2022 Reports Taxes

According to the most current federal Bureau of Labor Statistics (BLS) data for Massachusetts (2021), average income for every occupation listed falls far below the ...

FAS 109, Single Sales Factor Apportionment, and Deferred Corporate Tax Deductions

Kurt Wise June 23, 2022 Blog Taxes

As the Legislature considers elements of a possible tax package, it is worth focusing on a number of interrelated corporate tax issues that are now ...

When A Surplus Is Not Extra

Phineas Baxandall, Nancy Wagman , Kurt Wise June 16, 2022 Budget Resources Reports

Sometimes a “surplus” is not really a surplus at all, and the term “tax surplus” can be particularly misleading. A tax surplus occurs when tax ...

Options to Adjust the Estate Tax While Retaining Revenue and Progressivity

Phineas Baxandall, Nancy Wagman , Kurt Wise June 15, 2022 Taxes

The Massachusetts Budget and Policy Center was asked to outline options for changes to the estate tax that would preserve revenue, maintain progressivity, and also ...

“Millionaire Tax” Would Make Massachusetts Tax System Fairer

Kurt Wise April 7, 2022 Reports Taxes

Currently, the Massachusetts tax system is upside down: the highest income households pay a significantly smaller share of their income toward state and local taxes ...