Recent
Interactive Map: Most Home Sales Will Not Likely Lead to Fair Share Tax Payments
Even in Massachusetts’ hot housing market with many homes selling for over $1 million, the vast majority of all home sales will not subject the ...
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Fair Share Facts: New Report Tackles “Millionaires Tax” Claims
Contact: Reginauld Williams, 617-426-1228×102, rwilliams@massbudget.org For Immediate Release: Thursday September 15, 2022 BOSTON – With just over 50 days left until the general election here ...
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Best Research Underscores Value of Fair Share Amendment for Massachusetts Residents
An extensive body of research shows that Fair Share would improve tax fairness, support economic and racial justice, and strengthen our state economy. The research ...
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ALL TAXES REPORTS
Why Highest Incomes in Massachusetts Receive Most Tax Benefits from Charitable Deduction
Even considering how higher-income households have more money to give away, the tax benefits of charitable tax deductions are heavily skewed toward the top.
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14 Options for Raising Progressive Revenue
How to collect enough revenue to pay for the things we accomplish together as a Commonwealth and how to collect that revenue fairly are questions ...
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Who Pays? Low and Middle Earners in Massachusetts Pay Larger Share of their Incomes in Taxes
Taxes are the main way communities pay for the things we do together. Taxes pay for essential programs and infrastructure we take for granted, like ...
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What Has Happened in Other States with High Tax Rates on Million-Dollar Incomes?
Massachusetts can have an economy that generates broad prosperity and home-grown millionaires with world-class education and infrastructure. Several other states have top income-tax rates as ...
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What Does the Federal Tax Law Mean for Massachusetts and How Might the Commonwealth Respond?
The new federal tax law reduces federal revenues by approximately $1.5 trillion largely by cutting taxes for corporations, people receiving inheritance from very large estates, ...
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The Evidence on Millionaire Migration and Taxes
This policy brief examines the evidence on the likely migration effects of raising income taxes on households with taxable annual income above $1 million and ...
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Funding Improvements for Schools, Roads, and Public Transit with Tax Reforms that Improve Fairness
A ballot question has been proposed that would support investments in education and transportation with revenue from an additional 4% tax on income over a ...
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Sweeter than SALT: Highest-Income Households Get Federal Tax Cuts More Than Twice SALT Losses
The federal government has enacted very large tax cuts targeted mostly at higher-income taxpayers. The resulting loss of an almost $1.5 trillion in federal revenue ...
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How Slow Sales Tax Growth Causes Funding Problems for the MBTA
Almost 20 years ago, a penny of the sales tax was dedicated to the MBTA to be a steadily growing source of revenue for the ...
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