Statement

HWM FY 2022 Budget Proposal Lacks Bold Investments to Build Racial and Economic Equity in the Commonwealth

Statement by Marie-Frances Rivera, President of the Massachusetts Budget and Policy Center (MassBudget), on the House Ways and Means Committee’s Fiscal Year 2022 Budget Proposal Massachusetts remains in the midst of a health and economic crisis that the House Ways and Means (HWM) budget proposal does not fully address. The HWM Fiscal Year (FY) 2022 …

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Beacon Hill’s “Double-Dip” Tax Break Misses the Mark for Struggling Communities, Families, and Small Businesses

Statement by Marie-Frances Rivera, MassBudget President, on the PPP “double-dip” tax break   “The Legislature’s decision yesterday on Emergency Paid Sick Time and Unemployment Insurance (UI) creates cause for celebration. Providing targeted tax relief for unemployed workers whose income falls below 200 percent of the poverty line is commendable. As stated in our recent brief, Black, …

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Massachusetts Should Prohibit “Double-Dip” Tax Break for Profitable Businesses

Click here for a PDF version of this statement. S.D. 172, “An act providing financial relief to small businesses during the COVID-19 pandemic”, is bad fiscal policy, bad economic policy, bad social policy and bad tax policy. Moreover, the problem that supporters of S.D. 172 argue must be fixed doesn’t actually exist. PPP loans were …

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