Taxes
Recent
Presentation: A $20 Minimum Wage – Lessons Learned and Anticipated Impact
On April 23, 2024, Interim President Phineas Baxandall gave a legislative briefing examining the potential impacts of increasing the state minimum wage to $20 per ...
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How Do Business Taxes in MA Compare to Other States?
MassBudget analyzed a recent data report by The Council on State Taxation (COST) - a Washington DC based trade association representing over 500 multistate and ...
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Presentation: Ending the Tax Penalty Against Working Immigrants
On March 14, 2024, Interim President Phineas Baxandall joined the Black and Latino Caucus and the Healthy Families Tax Credits Coalition at the Statehouse for ...
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ALL TAXES REPORTS
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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With “Millionaire Tax,” Massachusetts’ Top Tax Rate Would Compare Well to Top Rates in Other States
Why do we need new tax revenue in Massachusetts? In order to build an economically and racially just Commonwealth, it is necessary for our state ...
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The Fair Share Amendment Helps Small Businesses: Public Investment, S-Corporations, and Million-Dollar Incomes in MA
All businesses in the Commonwealth depend on investment in public programs and infrastructure that ensure a well-educated workforce and reliable, far-reaching transportation networks. These public ...
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Three Progressive Tax Policies to Help Small Businesses in Massachusetts
Our Commonwealth celebrates small businesses as a way for ordinary working people to build wealth and pursue a productive life more independent from the large ...
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Fim da Desvantagem Fiscal Contra o Trabalhador Imigrante
Os imigrantes de Massachusetts sofreram riscos desproporcionais trabalhando na linha de frente durante a pandemia. No entanto, milhares deles e suas famílias que trabalham e ...
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Ending the Tax Penalty Against Working Immigrants
Immigrants in Massachusetts have shouldered an outsized risk as frontline workers during the pandemic. Yet thousands of them and their families who work and pay ...
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结束针对工薪阶层新移民的税收处罚
在疫情期间，马萨诸塞州的新移民作为一线工人承担了巨大的风险。 然而，由于他们没有资格获得社会安全号码，数千名正在工作并纳税的人及其家庭因此而无法获得收入所得税抵免（EITC）的政府支持。 如果麻州政府将改税务优惠EITC扩展到允许使用所得税识别号（ITIN）纳税的人也可以申请，估计将有13200多户的家庭可以从中受益。 该举措对马萨诸塞州政府的预算，总计约为930万美元。
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Ending the Tax Penalty Against Working Immigrants: MA Should Follow Other States Extending EITC to Immigrant Tax Filers
Who are ITIN filers? Immigrants in Massachusetts have shouldered an outsized risk as frontline workers during the pandemic. Yet thousands of immigrants and their families ...
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