Like new england Patriots victories, high housing costs became matter of fact in Massachusetts over the last decade. As we rebuild from the Great Recession and the housing bubble that precipitated it, now is a good time to revisit whether the high cost of living is something the state can continue to take for granted. […]
Sam Greeley
Posted inEconomy, Opinion
Cap gains fix goes halfway
One of the biggest thorns in the state budget has been overreliance on revenue from the tax levied on capital gains. In good times, the capital gains tax funds programs and services and supports an operating reserve. But in bad times, this revenue evaporates. Long overdue reform to smooth spending to accommodate these fluctuations was […]