State Budget
The state’s budget is a $50 billion+ opportunity, each year, to recommit to our values. MassBudget provides analysis and insights into how we can use the state budget as a tool to advance racial and economic justice in every corner of the Commonwealth.
Budget Browser
Antiracist Budget
Budget 101
Ongoing Tax Proposal Analysis
MassBudget Statement on the 2023 Tax Relief Package
Today, the conference committee presented the biggest package of tax changes in 15 years. We commend them for taking important steps to improve affordability for
New Census Data Highlights Need for Family Tax Credits Waiting in State House
While the Massachusetts Legislature debates two versions of expanded tax credits to improve affordability for families, new census data dramatically show what a difference these
New Poll: Big Majority of Voters Support Child and Family Tax Credit that Reaches $600
Newly conducted polling shows 77% of registered Massachusetts voters support the creation of a Child and Family Tax Credit of $600. The Massachusetts legislature is
Final Tax Package Can Improve Tax Fairness & Help Build Toward Shared Prosperity
Currently, a conference committee is working on a compromise tax package between the House's and Senate's proposals. The fairest tax package would be one that
State-Level Child Tax Credits are Having a Moment in the Sun: Will Massachusetts Families be Left in the Dark?
The Massachusetts legislature is considering creating the Child and Family Tax Credit (CFTC), a refundable tax credit for families with children and adult dependents. It
How Much Would Each District Benefit from the House and Senate Child & Family Tax Credit Proposals?
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
Estate Tax Cuts Worsen Our Large Racial Wealth Gap
If lawmakers cut the Massachusetts estate tax, it is a small number of high-income, white households that will receive the overwhelming share of the benefits.
Estate Tax Cut Proposals Are Costly and Poorly Targeted – Alternative Solutions Exist
Current estate tax proposals would lead to a loss of state revenue and reduce the Commonwealth’s ability to make crucial investments, while having regressive impacts
What’s Race Got to Do With It? Some Tax Proposals Would Widen Racial Inequality, Others Would Advance Equity
Some of the tax cuts proposed by the Massachusetts House in 2023 would widen economic and racial disparities by disproportionately benefiting wealthier, generally whiter households.
Comparing Tax Cut Proposals from 2022 to 2023
Massachusetts lawmakers have proposed tax policy changes in 2022 and 2023 that would reduce public revenue by large amounts—providing the most benefits to the most
Statement on the House Tax Reform Bill
Meaningful credits for working families mixed with benefits solely for the wealthy - MassBudget reacts to House of Representatives' recently released tax proposal.
Testimony to the Joint Committee on Revenue on the Governor’s Tax Proposals
Testimony presented to the Joint Committee on Revenue on March 28, 2023, regarding Governor Healey's tax proposals.
Taking Measure of the Governor’s Tax Plan
The Governor’s proposal would provide benefits to households across the income spectrum, but by far the largest benefits would accrue to a small number of
Governor’s Estate Tax Plan Is Costly and Gives Biggest Breaks to Largest Estates – Better Options Exist
During the current legislative session, lawmakers will consider a number of proposals for changing the Massachusetts estate tax. Two proposals are compared here – one
Conference Committee
Statement by MassBudget on the FY2024 Budget
Today the legislature passed a budget bill for Fiscal Year 2024. The $56.26 billion budget now goes to Governor Healey. Enabled by new revenue from
Six Things at Stake for Racial Justice in the FY 2024 Budget Conference
After examining the House and Senate Fiscal Year 2024 budget proposals, our budget analysts highlighted six differences between the two that have implications for racial
Senate Budget
How Will We Spend Fair Share Dollars? Competing Proposals Highlight Needs and Opportunities
Fiscal Year 2024, which starts in July 2023, is the first state budget to include Fair Share dollars, and the Governor's, House, and Senate budget
Statement on the Senate Ways and Means Budget Proposal
The state budget process continues on as the Senate Ways and Means Committee (SWM) released its proposal for the State budget today. With recent news
House Budget
Statement on the House Budget
The final House version of the budget, at $56.2 billion, is $154 million larger than the Governor’s proposal. It includes notable amendments to the House Ways
Statement on the House Ways and Means Budget Proposal
While this proposal includes some important investments and policies, both it and the Governor’s proposal are limited by a set of proposed regressive tax cuts.
Statement on the House Tax Reform Bill
Meaningful credits for working families mixed with benefits solely for the wealthy - MassBudget reacts to House of Representatives' recently released tax proposal.
Governor's Budget
How Much Would Each District Benefit from the House and Senate Child & Family Tax Credit Proposals?
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
Testimony to the Joint Committee on Revenue on the Governor’s Tax Proposals
Testimony presented to the Joint Committee on Revenue on March 28, 2023, regarding Governor Healey's tax proposals.
Taking Measure of the Governor’s Tax Plan
The Governor’s proposal would provide benefits to households across the income spectrum, but by far the largest benefits would accrue to a small number of
Governor’s Estate Tax Plan Is Costly and Gives Biggest Breaks to Largest Estates – Better Options Exist
During the current legislative session, lawmakers will consider a number of proposals for changing the Massachusetts estate tax. Two proposals are compared here – one
MassBudget’s Look at the Governor’s Budget Proposal
The governor's budget proposal includes investments that will reduce some of the hardship faced by Bay Staters, but it also would deeply cut two major
Statement on Governor Healey’s Budget Proposal
Important investments and missed opportunities - MassBudget reacts to the Governor's budget proposal.
