Category: Taxes

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“Millionaire Tax” Would Make Massachusetts Tax System Fairer

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 ...
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A Millionaire Tax is Necessary to Advance Critical Education Investments in Massachusetts

Federal pandemic relief has helped avert education cuts and added significant funds to expand services during the pandemic. But it is insufficient and too short-term ...
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The Three E’s: Greater Transportation Funding Can Improve the Economy, Equity, and Environment

New sustaining revenue is needed for Massachusetts' transportation systems, and no source of new funding is better scaled to meet the size of underinvestment than ...
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FAQ: Fair Share Amendment Edition

Looking for more detailed information on the Fair Share Amendment being discussed here in the Commonwealth? Check out our guide to some common questions about ...
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Using State Personal Income to Compare Taxes Across States

Comparing tax and spending policies across states in a meaningful way across states or over time can be complicated by differences in population size, economic ...
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MassBudget testifies at Joint Committee on Revenue hearing against the large tax cuts for the wealthy proposed by Governor

It is unwise to assume that the state has more revenue than it needs based on temporary pandemic relief, meaning this is not the time ...
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A “Millionaire Tax” Would Advance Racial Justice in Massachusetts

Together, the people of Massachusetts can build a better Commonwealth, one that advances both economic and racial justice. We can transform our communities by addressing ...
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Testimony to end tax subsidies for purchasing private jets and other aircraft

To the Joint Committee on Revenue December 14, 2021 RE: Testimony in support of An Act Relevant to the Repeal of the Sales Tax Exemption ...
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Testimony to expand the Earned Income Tax Credits for low-income households

To the Joint Committee on Revenue December 13, 2021 RE: Testimony in support of An Act to increase family stabilization through the earned income tax ...
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New Federal Spending Makes It Crucial to Add State Funds for Education and Transportation

The federal and state governments act as partners to ensure high-quality education and transportation. In response to the COVID pandemic, the federal government has made ...
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