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Supporting Racial Equity and a Robust Recovery with a Corporate Income Tax Rate Increase

By returning the state corporate income tax to pre-2010 rates, the Commonwealth could raise $375 million to $500 million a year to help fund a racially equitable, economically just, and robust recovery.

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Bringing in the Relief Part II: The Census Counts for Equity

More than $3.3 billion in CARES Act funding comes to our Massachusetts communities based on population estimates from the census. Learn how the Commonwealth can get its fair share of power and money through a complete, accurate 2020 Census count in our latest report.

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Municipal Budgets, Local Aid, and Property Taxes Amid COVID-19

As a result of the pandemic, municipalities face increased spending needs and declining revenues. Many have the ability to raise property taxes, though others are constrained by Proposition 2 1/2. Moreover, property taxes tend to fall hardest on those with lower incomes. Without sufficient municipal aid, cities and towns may be forced to make public cuts which would slow the economic recovery.

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ALL BUDGET RESOURCES REPORTS

Testimony to the Joint Committee on Revenue on the Need to Invest in Education and Transportation

FSA Testimony_4.11.19_MFR.pdf

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Where Do Our Budget Numbers Come From?

Where do MassBudgets Numbers Come From.pdf

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Analyzing the Governor’s Budget for FY 2020

The Governor’s Fiscal Year (FY) 2020 budget proposal provides modest increases in funding for public education, human services, and several other important investments. This new funding does not, in many cases, reverse deep cuts imposed across the state budget after the tax cuts of the late 1990s and early 2000s — despite a decade of expansion in the economy. Lost revenue from tax cuts has limited the Commonwealth’s ability to adequately fund education, infrastructure, and other building blocks of healthy communities and a strong economy.

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