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How Much Would a Transfer Fee on Expensive Real Estate Generate for Your City or Town?
An interactive dashboard that provides data for each of Massachusetts' 351 cities and towns on how much revenue a community could raise by collecting an ...
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How Much Will Each District Benefit from the New Child & Dependent Tax Credit?
The proposed Child and Family Tax Credit would help families by providing a refundable credit each year for each child under 13 and dependent adults ...
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Who Benefits from the New Tax Package?
The new tax package is the largest set of tax changes the Commonwealth has seen in some 15 years and will cost the Commonwealth over ...
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ALL BUDGET RESOURCES REPORTS
How will the Federal Reserve’s new loan program for states affect Massachusetts?
What is the Municipal Liquidity Facility? How does it work? How does it help Massachusetts? Learn more about how the Federal Reserve's new loan program ...
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How is COVID-19 affecting the state budget?
Learn about how the pandemic is impacting the state budget process, essential programs, and how the Commonwealth can prepare for the road to recovery amid ...
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Blog: 7 questions you have on the state budget and COVID-19, but were afraid to ask
How has the crisis affected the state budget and what does this mean? MassBudget has compiled the answers to some commonly asked questions and we ...
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COVID-19 Updates: State Budget & the Pandemic
Learn about the pandemic’s impact on the state budget process, essential programs, and how we can prepare for the road to recovery with our Policy ...
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That’s A Relief Part II: Federal Fiscal Relief for Community Development in the CARES Act
Read That’s A Relief Part I: Federal Fiscal Relief to Massachusetts in Recently-Passed Legislation here. The federal Coronavirus Aid, Relief, and Economic Security Act (“CARES Act,” or ...
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That’s A Relief Part I: Federal Fiscal Relief to Massachusetts in Recently-Passed Legislation
Learn what federal relief though the CARES Act, the Coronavirus Relief Fund, and other recently passed legislation means for the Commonwealth during the public health ...
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Responding to the COVID-19 Crisis: Filling Gaps in Federal Cash Support for Individuals and Families
Congress enacted billions of dollars in new direct cash assistance to individuals and families during the crisis, but there's still work to be done to ...
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Amid plummeting state tax collections, the Commonwealth has options
It’s a sudden economic freefall like no other. By some estimates, Massachusetts will have 473,000 COVID-induced job layoffs and furloughs by summer. Most people with ...
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It’s Raining: An FAQ on Using Our State Savings Account to Respond to the COVID-19 Crisis
What is the Rainy Day Fund? The Stabilization Fund — often referred to as the “Rainy Day Fund”– is a cushion for times when state ...
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Taxing the GILTI: By Reversing 2018 Policy, MA Can Fight Corporate Tax Dodging & Raise $450 Million a Year [Corp. Tax Series Pt.5]
In a costly decision, the Massachusetts Legislature voted in 2018 to allow businesses to exclude 95 percent of GILTI from Massachusetts taxation. This choice will ...
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FY 2021 GOVERNOR’S BUDGET: Transportation – Governor proposes more funding, partly reversing past cuts
The Governor's FY 2021 budget proposal is notable for acknowledging the need for more transportation investment to improve our current road and transit systems. This ...
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FY 2021 GOVERNOR’S BUDGET: Summary – Lack of new revenues constrains Governor’s ability to make bold moves
Big changes are afoot for Massachusetts in the coming fiscal year. FY 2021 is the start of a seven-year overhaul of school funding and lawmakers ...
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FY 2021 BUDGET PREVIEW: Four items to watch in the budget debate
The yearly budget cycle kicks off this week with the Governor's proposal for the Fiscal Year (FY) 2021 budget. In preparation, MassBudget published a series ...
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