Massachusetts Taxpayers Foundation

Massachusetts State House
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     Voters in Massachusetts this November will not have a chance to decide if the state should adopt a so-called “millionaires tax.”    

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Five business groups have sued to try to keep the so-called “millionaires tax” proposal off the Massachusetts ballot next year.

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      Massachusetts legislators are expected to vote Wednesday to put the so-called millionaire’s tax on the 2018 election ballot.  A new report from a well-respected fiscal watchdog group warns the proposal to raise taxes on the rich to bring in more revenue could backfire.

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The budget outlook in Massachusetts is growing darker. Economic uncertainty, including the recent vote by the United Kingdom to leave the European Union is having a ripple effect on Beacon Hill.

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A new report finds that even as the overall economy improves, cities and towns in Massachusetts are feeling a financial pinch. The Massachusetts Taxpayers Foundation released its 45th annual municipal finance report. 

WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with foundation president Eileen McAnney.

An exterior view of the Massachusetts State House in Boston
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A Beacon Hill watchdog group is sounding an alarm about Massachusetts’ so-called “rainy day fund.”   A new report from the Massachusetts Taxpayers Foundation warns the stabilization fund has been spent down considerably over the last three fiscal years to pay for ordinary expenses in the state budget.

Foundation President Eileen McAnneny talked about the report with WAMC’s Pioneer Valley Bureau Chief Paul Tuthill.

A spokesman for Governor Charlie Baker and a spokesman for Senate President Stan Rosenberg said they would review the taxpayer foundation’s report.

Michael Widmer, a long time Beacon Hill fiscal watchdog will retire early next year. Widmer has run the business-backed Massachusetts Taxpayers Foundation for 23 years.  The group recently issued a controversial analysis of the state’s budget deficit and an annual report on Massachusetts municipal finances.  WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with Widmer.

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15,000 municipal jobs have been eliminated in Massachusetts since 2007. The state’s cities and towns have cut the total workforce by 6 percent. In a new report released this morning, the Massachusetts Taxpayers Foundation says municipalities are in a financial squeeze because of rising pension costs and increased debt.   WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with taxpayer’s foundation president Michael Widmer.