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 ...
Read More →

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 ...
Read More →

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 ...
Read More →

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 ...
Read More →

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 ...
Read More →

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 ...
Read More →

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 ...
Read More →

Corporate Minimum Taxes in Massachusetts Could Be Better Targeted as in Other States [Corp. Tax Series Pt. 3]

Read More →

Single Sales Factor: a Tax Break with a Poor Record of Performance [Corp. Tax Series Pt. 2]

Read More →

How Do Business Taxes in MA Compare to Other States? [Corp. Tax Series Pt. 1]

Read More →

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.
Read More →

Testimony to the Joint Committee on Revenue on the EITC

Read More →

Testimony to the Joint Committee on Revenue on the Single Sales Factor Apportionment Formula, How It Works, and What It Costs

Read More →

Testimony to the Joint Committee on Revenue on the Incidence of State and Local Taxes in Massachusetts and Effects of the Fair Share Amendment

Read More →

Income Tax Cuts Cost Massachusetts Over $4 Billion Annually, and Benefits Mostly Go to Highest Incomes

Read More →

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.
Read More →

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 ...
Read More →

MA Taxes on Par with U.S. Average in FY 2016

Read More →
Scroll to Top

Get news from Massachusetts Budget and Policy Center in your inbox.