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New Census Data Highlights Need for Family Tax Credits Waiting in State House
While the Massachusetts Legislature debates two versions of expanded tax credits to improve affordability for families, new census data dramatically show what a difference these ...
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MassBudget testifies to end tax subsidy for private jets
MassBudget testified in support of House bill 2826 and Senate bill 1758, which would end the sales tax exemption for personal aircraft. The exemption disproportionately ...
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Three Funds, One Purpose: Implementing Fair Share
The Fiscal Year 2024 budget is the first state budget to include money raised from the Fair Share Amendment, making important investments in education and ...
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New Poll: Big Majority of Voters Support Child and Family Tax Credit that Reaches $600
Newly conducted polling shows 77% of registered Massachusetts voters support the creation of a Child and Family Tax Credit of $600. The Massachusetts legislature is ...
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Your Fair Share Dollars at Work: Critical Investments and Hard Choices
The Fair Share Amendment is doing what voters wanted it to do: making new, important investments in our Commonwealth and making our tax system more ...
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Statement by MassBudget on the FY2024 Budget
Today the legislature passed a budget bill for Fiscal Year 2024. The $56.26 billion budget now goes to Governor Healey. Enabled by new revenue from ...
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Final Tax Package Can Improve Tax Fairness & Help Build Toward Shared Prosperity
Currently, a conference committee is working on a compromise tax package between the House's and Senate's proposals. The fairest tax package would be one that ...
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State-Level Child Tax Credits are Having a Moment in the Sun: Will Massachusetts Families be Left in the Dark?
The Massachusetts legislature is considering creating the Child and Family Tax Credit (CFTC), a refundable tax credit for families with children and adult dependents. It ...
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UPDATED: High-Income Households Are Not Fleeing Massachusetts
Massachusetts has a lower rate of outmigration among high-income households than among other households. This is true both in the most recent year for which ...
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Debunking the Five Major Myths About Outmigration
Recently, multiple news articles, op-eds, and think tank reports have asserted that Massachusetts is suffering an exodus of households, particularly high-income households, fleeing to states ...
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