Taxes and Budget Issues

Tax revenues bounce back, yet still short of benchmark

Tax revenues bounce back, yet still short of benchmark

With one month to go, collections $619m, or 1.7%, less than forecast

By Chris Lisinski Taxes and Budget Issues 0 Comments Jun 5, 2023

STATE HOUSE NEWS SERVICE STATE TAX REVENUES surpassed expectations in May after an unexpectedly steep nosedive in April, yet the total haul remains hundreds of millions of dollars short of projections with the budget year drawing to a close, officials said Monday. The Department of Revenue announced Monday that Massachusetts collected $2.706 billion in May(...)

Senate debate highights fault lines on competitiveness issue

Senate approves budget, next up negotiations with House

Spending plan sets aside $575m for tax relief

Senate budget embraces in-state tuition for undocumented students

Tax relief in ‘same ballpark’ as House; online lottery not included

Spilka following different path on tax relief

Says Senate will take up tax package sometime after budget is done

Tax forecast misses mark, but Healey says that was expected

Call her tax relief package accounted for and 'absolutely essential'

April tax revenues plunge 23% below forecasted levels

Leaders on Beacon Hill say tax package still in play

High Tech Council calls House move unconstitutional

Business group raises concerns about proposed change in tax cap giveback

Why the top 1 percent of taxpayers matter

In 2019, they accounted for 23% of incomes taxes paid

Eileen McAnneny

What you need to know about the House budget proposal

Lottery would go online; Boston would gain spot on MBTA board

House, Healey set different priorities for millionaire tax money

House prioritizes school meals, MBTA funding, ‘green’ schools

House tax plan builds on Healey approach

Phases in some provisions; adds 2 new elements

Exodus of wealthy residents called non-existent

Left-leaning policy center pans tax cuts for high-income households

Mariano says state can afford another tax cut package

Speaker promises proposal soon, says some elements will be phased in

Here’s how we define competitiveness

Stop debating Fair Share, use the money to build skilled workforce, improve infrastructure

Healey tells business group no one will compete harder

On radio show, she talks of eliminating ‘tax outliers’

Budget sets up ‘system’ for millionaire tax money

Money will be segregated and used for education, transportation

Healey files a ‘unicorn’ of a state budget

Proposal cuts taxes, sets money aside, and boosts spending to record levels

Healey tax plan addresses ‘competitiveness’ issues

Like Baker, governor targets estate, capital gains taxes

State tax revenues miss mark for first time since June 2020

Sluggish numbers may impact discussions about new tax revenues

Nonprofits should make payments in lieu of taxes

In my hometown of Newton, the city could gain $8.25 million

Millionaire surtax: What’s the split between education, transportation?

Some say it should be 50-50, others leave it to Beacon Hill

Top budget officials still undecided on tax cuts

Economists, DOR projecting modest state revenue growth

Competitiveness is the key: Here’s what’s needed

In Mass., being competitive is fundamentally about people

Lodging tax revenue skyrockets, except in bigger cities

Is it ‘revenge travel’ or something more permanent?

CommonWealth Staff

Lodging tax revenue skyrockets, except in bigger cities

Is it ‘revenge travel’ or something more permanent?

Old laws, like Prop 2 1/2, need to adapt to times

With inflation, strategy for reining in health care costs also needs to change

Question 1 has negative unintended consequences

Will increase out-migration, hurt state's competitiveness

$3b in tax cap checks to start going out Tuesday

Taxpayers will get back 14% of 2021 tax payment

House, Senate leaders report little progress on economic development legislation

Suggest tax cap giveback will provide relief to taxpayers

Handful of progressives push change in tax cap

Want to limit size of refunds owed wealthiest taxpayers