A JUST RECOVERY
We are seeing the convergence of racist policies and practices, economic inequality, and a global pandemic.
In response to the current public health and economic crisis, we are working in partnership with coalitions to focus our research on the most urgent policy solutions. We are channeling the unique expertise of our team of analysts to tackle the important challenges ahead. Our team is offering policy solutions that provide immediate economic relief and longer-term investments in the Commonwealth.
At MassBudget, we are using our budget and fiscal expertise to identify inequities and create a more just economic recovery.
Read MassBudget President Marie-Frances Rivera’s statement on Black lives and Economic Justice
Raising Rates on Unearned Income: An Equitable Way to Avoid Cuts and Support a Robust and Just Recovery
For each one percentage point increase in the state tax rates applied to unearned income, the Commonwealth could raise roughly $465 million a year to …
Read the statement by Marie-Frances Rivera, president of the Massachusetts Budget and Policy Center (MassBudget), on Governor Baker’s revised Fiscal Year (FY) 2021 Recommendation.
States rely on borrowing to manage their finances in good times and bad. Yet borrowing is not a substitute for raising the revenue needed for an economic recovery. Policymakers should look to raising progressive new revenues paired with limited borrowing to avoid cuts to critical public spending.