In her first public appearance as transportation secretary, Monica Tibbits-Nutt laid out her vision Wednesday for a unified transportation system that helps address some of Massachusetts’ biggest problems, previewed a “hard, hard discussion” about more state money for the MBTA
After nearly 50 years, Citizens For Limited Taxation is turning off the lights at the end of 2022, and its final leader on Thursday said he expected CLT’s members would bolster the ranks of another Bay State fiscal watchdog.
Gov. Charlie Baker is glad that his successor, Democrat Maura Healey, has signaled she plans to continue lobbying for some of the tax reforms that the Republican proposed, but he said in an interview that aired Sunday he never expected all of his ideas would become law.
About 3.6 million Massachusetts taxpayers are set to receive cash back this fall after state government hauled in taxes last year that surpassed the legal limit by nearly $3 billion, the Baker administration announced Friday.
Rather than just dismiss the issues or the amendment, this may be an opportunity for the business community to highlight its solutions to Massachusetts’ ongoing problems.
Democrats’ compromise of health care, climate change and deficit-reduction strategies is paid for largely with new corporate taxes, including a 15 percent minimum tax on big corporations to ensure they don’t skip out on paying any taxes at all.
While the federal government has pumped billions of one-time dollars into state economies, some legislative Democrats believe the state still should be looking to wealthy corporations for additional revenue to fund education, transportation and other priorities when those funds inevitably dry up.
Senate President Karen Spilka said Thursday she is not planning on raising taxes this session but left open the possibility of increases if the pandemic persists and worsens.
It has never been easier for businesses and jobs to flee Massachusetts in droves and the House and Senate should think long and hard about that possibility before considering new or higher taxes on companies, some of the most influential industry groups this week warned Democratic leaders.
Almost a year after Massachusetts passed a law taxing and regulating short-term vacation rentals, the state’s revenue commissioner said Wednesday that the new tax is “settling in pretty well” after education and outreach efforts.
Congratulations to Beverly Fulkerson of Osgood, Indiana, who was the winner of a Montana mountain retreat in this year’s HGTV Dream Home Giveaway. Here’s hoping she gets to keep the place.
Companies that offer workers a family and medical leave plan that is at least as generous as the benefits that will be provided by the new state program can now apply for an exemption from the payroll tax contributions the state plans to begin collecting July 1.
Business leaders can’t let any pessimism get in the way of holding state leaders accountable for achieving the transit transformation Massachusetts desperately needs.
A new report from the New York Federal Reserve sheds a little light on a question that’s been hanging over the American real estate market: Has the massive tax overhaul adopted by Congress in late 2017 had any effect on whether consumers want to buy or sell homes?
Facing blame from Democrats for mounting public frustration with clogged roads and public transit problems and support for better mass transit service, Gov. Charlie Baker said the state doesn’t need to raise taxes to confront the congestion problems.
There is exciting news to report on the federal Tax Cut and Jobs Act of 2017, which delivered a basket of goodies to taxpayers.
While there’s not a groundswell around adding new revenues, state senators have collectively proposed adding $1.7 billion to the budget this week, according to an independent analysis.
Trying to bring state law in line with the new ways in which people rent short-term lodging, the Massachusetts House on Thursday passed legislation to regulate and tax the short-term rental industry.
It’s official: Despite widespread fears to the contrary, the IRS has clarified that last year’s big tax bill did not kill all interest deductions on home equity lines of credit and equity loans.
