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MassBudget Brief: Fiscal Year 2012 Chapter 70 Education Aid Preview
While projecting Chapter 70 state education aid ahead of the formal budget process is always an inexact science, the precarious economic recovery and the termination ...
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MassBudget Brief: Fiscal Year 2012 Budget Preview
This Budget Brief examines the condition of state finances as the budget process begins for the fiscal year that starts on July 1, 2011. Walking ...
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Higher Education Attainment Helps Weather Downturn
MASSACHUSETTS (WAMC) - Massachusetts is weathering the economic downturn better than most states, that's according to a new report released by the Massachusetts Budget and ...
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State capitol briefs, Tues. Jan 4
The gap between projected state spending needed to maintain state services and available revenues next fiscal year is just shy of $1.8 billion, according to ...
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Fall River and Massachusetts slated to slice manufacturing, production jobs in years to come
Massachusetts has fared better than most states during the recession but will face "enormous fiscal and economic challenges" in the years ahead, according to a ...
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The State of Working Massachusetts 2010
Like the rest of the nation, the Commonwealth is struggling to emerge from the worst economic crisis since the Great Depression. Nationally the economy has ...
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Bay State survives jobs crisis better than most
During the recent crisis, Massachusetts lost fewer jobs than most states and maintained higher wages, all while avoiding a significant increase in poverty, according to ...
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Wages rise for all, but a gap widens
Thanks to its colleges and universities, Massachusetts has one of the best-educated, best-paid workforces in the nation, but a new study shows the gap between ...
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Allowing for More Meaningful Comparisons: Taxes and Spending as a Share of Personal Income
This Facts At A Glance describes methodological issues regarding the comparison of tax and spending levels between different time periods or different states.
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The Income Tax
Massachusetts has an income tax rate of 5.3 percent. The income tax is the single-largest source of revenue for the state, with collections totaling $10.1 ...
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