Anyone concerned about Massachusetts’ economic recovery should be worried about state and municipal budget cuts. This is not the time for austerity. Avoiding budget cuts through targeted tax increases is the best way to build a strong recovery in Massachusetts. Learn more in the latest on our Blogs & Briefs publication.
For more on federal fiscal relief, read That’s A Relief Part I: Federal Fiscal Relief to Massachusetts in Recently-Passed Legislation and That’s A Relief Part II: Federal Fiscal Relief for Community Development in the CARES Act. The Massachusetts state budget is the single piece of legislation each year that defines the state’s vision, values, and plan for the …
What were the tax breaks provided to the wealthy and businesses in the CARES Act? What is the cost of these tax breaks? Learn how these tax breaks could impact the Commonwealth's recovery from COVID-19.
Read the full statement by Marie-Frances Rivera, president of the Massachusetts Budget and Policy Center (MassBudget), in response to the Governor’s Reopening Massachusetts plan amid the COVID-19 pandemic.
A new tax subsidy initially approved two decades ago, the state charitable deduction, is set to automatically go into effect in January 2021, reducing revenue by $300 million annually. Are there ways to stem revenue loss and limit the subsidy to high incomes? Learn more about what the state charitable deduction could mean for the Commonwealth amid COVID-19.
Introduction Quality early education and care (EEC) is not only critical for helping young children to learn and grow, it’s also vital to our economy by providing support for working parents. The current public health and economic crisis caused by the coronavirus (COVID-19) outbreak is dramatically impacting the provision of early education and care for …
How has the crisis affected the state budget and what does this mean? MassBudget has compiled the answers to some commonly asked questions and we want to hear from you. Read the latest and share your thoughts!
A college degree is an important first step for many to pursue their dreams. Unfortunately, this dream is increasingly out of reach for many students from low-income backgrounds, including students of color and non-traditional students.
What is the Municipal Liquidity Facility? How does it work? How does it help Massachusetts? Learn more about how the Federal Reserve’s new loan program for states affects the Commonwealth.
Learn about how the pandemic is impacting the state budget process, essential programs, and how the Commonwealth can prepare for the road to recovery amid COVID-19.