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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 ...
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How Other States Prevent the Costly Tax Loophole in the Millionaire’s Tax

The newly passed surtax on annual incomes over $1 million brings a new opportunity for high-income residents to exploit a tax loophole. Policies in other ...
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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.
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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.
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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 ...
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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.
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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 ...
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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 ...
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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 ...
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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 ...
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