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Fair Share Facts: New Report Tackles “Millionaires Tax” Claims
Contact: Reginauld Williams, 617-426-1228×102, rwilliams@massbudget.org For Immediate Release: Thursday September 15, 2022 BOSTON – With just over 50 days left until the general election here ...
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Fair Share Tax on Incomes Over $1 Million Would Generate at Least $2 Billion a Year
MassBudget estimates that the Fair Share tax on incomes over $1 million is likely to generate at least $2 billion a year in new revenue ...
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Four Reasons We Need Strong Estate Taxes
Explainer via Napkin Finance With Legislators debating potential changes to taxes on large estates, it’s important to remember why we have taxes on the transfer of ...
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Current Estate Tax Proposals Would Give Largest Benefits to Wealthiest Estates; Alternative Method Would Fix This Problem
The tax on inherited estates is Massachusetts’ only tax that directly reduces wealth inequality. Although the pandemic has highlighted disparities between rich and poor families, ...
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FAS 109, Single Sales Factor Apportionment, and Deferred Corporate Tax Deductions
As the Legislature considers elements of a possible tax package, it is worth focusing on a number of interrelated corporate tax issues that are now ...
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NEW: When A Surplus Is Not Extra
When A Surplus Is Not Extra New MassBudget report debunks the myth of tax “deluge” in the Commonwealth For Immediate Release: June 23, 2022 BOSTON, MA – The ...
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Options for Targeted Tax Relief and a Warning About Estate Tax Changes
June 10, 2022 To: House and Senate Ways and Means Committee members and staff Re: Options for Targeted Tax Relief and a Warning About Estate ...
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New Report Finds That a “Millionaire Tax” Would Make Massachusetts’ Tax System Fairer
For Immediate Release: April 7, 2022 BOSTON, MA – Currently, Massachusetts has an “upside-down” state and local tax system, meaning those with the highest incomes ...
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Commuters Beware: 640 Bridges are Structurally Deficient in Massachusetts
New Report Shows Transportation Investment Key to Improving Mass. Economy, Equity, and Environment For Immediate Release: March 29, 2022 BOSTON, MA – It’s often said ...
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The Governor’s 2023 Budget Proposal: Last Chance for a Lasting Legacy
Governor Baker submitted his last state budget as Governor of the Commonwealth last week, and this Fiscal Year (FY) 2023 budget is not all that ...
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