Taxes
Recent
Testimony in Support of H2762/S1793 and S1798 on Improving Tax Credits
MassBudget's written testimony in support of H2762/S1793, An Act to increase family stabilization through the earned income tax credit as well as S1798, An Act ...
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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 TAXES REPORTS
Corporate Tax Series Part 4: Rising Profits, Falling Tax Shares
This latest report analyzes how amid a decades-long decline in corporate income tax share businesses avoid $1.4B in 2019 tax, and explores policy solutions that ...
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Credit Where Credit is Due: The EITC and CTC – two proven tools to keep low-paid workers out of poverty
One of the most successful ways to lift people out of poverty is through tax credits targeted to low- and moderate-income families. Families use these ...
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The Pros and Cons of Higher Gas Taxes, and How They Could be Offset for Lower-Income Families
As the Commonwealth seeks to improve our aging transportation system, policy makers have considered raising the gas tax. This paper assesses the gas tax along ...
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Infographic: Celebrating Latinx Heritage Month
In honor of National Hispanic Heritage Month, also known as #LatinxHeritageMonth (running Sept. 15-Oct. 15), our infographics analyze the number of eligible Hispanic tax filers ...
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Infographics: Labor Day on EITC and CITC
Infographics showing who would benefit from the expansion of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) here in Massachusetts.
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Why Highest Incomes in Massachusetts Receive Most Tax Benefits from Charitable Deduction
Even considering how higher-income households have more money to give away, the tax benefits of charitable tax deductions are heavily skewed toward the top.
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14 Options for Raising Progressive Revenue
How to collect enough revenue to pay for the things we accomplish together as a Commonwealth and how to collect that revenue fairly are questions ...
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