COVID-19
A JUST RECOVERY
We are seeing the convergence of racist policies and practices, economic inequality, and a global pandemic.
In response to the current public health and economic crisis, we are working in partnership with coalitions to focus our research on the most urgent policy solutions. We are channeling the unique expertise of our team of analysts to tackle the important challenges ahead. Our team is offering policy solutions that provide immediate economic relief and longer-term investments in the Commonwealth.
At MassBudget, we are using our budget and fiscal expertise to identify inequities and create a more just economic recovery.
Read MassBudget President Marie-Frances Rivera’s statement on Black lives and Economic Justice
In Depth:
Statement on Governor Baker’s Revised FY 2021 Budget Recommendation
Read the statement by Marie-Frances Rivera, president of the Massachusetts Budget and Policy Center (MassBudget), on Governor Baker’s revised Fiscal Year (FY) 2021 Recommendation.
State Borrowing is No Substitute for New Revenue in Dealing with the COVID-19 Economic Downturn
States rely on borrowing to manage their finances in good times and bad. Yet borrowing is not a substitute for raising the revenue needed for an economic recovery. Policymakers should look to raising progressive new revenues paired with limited borrowing to avoid cuts to critical public spending.
Supporting Racial Equity and a Robust Recovery with a Corporate Income Tax Rate Increase
By returning the state corporate income tax to pre-2010 rates, the Commonwealth could raise $375 million to $500 million a year to help fund a racially equitable, economically just, and robust recovery.
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