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.
High-Income Households Are Not Fleeing Massachusetts
Internal Revenue Service (IRS) data show that Massachusetts has low rates of out-migration among high-income households compared to other states. As a consequence, delivering large tax cuts to these few households to stem a non-existent exodus is misguided.
How Many Would Benefit from the Gov’s Child & Family Tax Credit?
The Governor’s proposed Child and Family Tax Credit would help families by providing $600 each year for each child under 13 and dependent adults over 65 years of age or with disabilities. This dashboard identifies – by legislative district – how many dependents would be eligible for the proposed Child and Family Tax Credit.
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 very wealthy families.
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 put forward by Governor Healey (H.42), and another, S.1784/H.2960, offered in the Senate and House.
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 taxes for the wealthiest households, hurting our ability to fund those investments long-term.
WBUR: Breaking down Gov. Healey’s tax reform proposal
MassBudget President Marie-Frances Rivera joined Radio Boston and Evan Horowitz, executive director at the Center for State Policy Analysis, to discuss Governor Healey’s tax proposals that were announced earlier this week.
Statement on Governor Healey’s Budget Proposal
Important investments and missed opportunities – MassBudget reacts to the Governor’s budget proposal.
Building an Antiracist State Budget
This year, MassBudget is embarking on an Antiracist State Budget Project. The project strives to put forward antiracist approaches to policy making to meaningfully introduce antiracist frameworks to state government. So that, together, we can build a state budget that drives racial and economic justice in our Commonwealth.