Featured Reports

Airbnb and Taxes: What Other States are Doing and How Much Revenue Might Be Raised in MassachusettsJuly 22, 2016

Eleven other states extend taxes on short-term rentals such as Airbnb. The factsheet explains the current Massachusetts exemption for short-term residential rentals and how taxing these bookings would work. It explains recent research on how rentals such as Airbnb can compete with traditional accommodations, and how these operations sometimes resemble a full-time business. It examines how much revenue the room occupancy tax currently generates and how much additional revenue would be raised if rentals such as Airbnb were included.

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Massachusetts' Earned Income Tax Credit and the Current Proposal for Increase and ReformJuly 13, 2016

The state's Earned Income Tax Credit (EITC) aims to improve the economic security of lower income working families by increasing their after-tax earnings. A growing body of research has found that raising the incomes of lower-income families provides benefits through the life-cycle: improving the health of children and mothers; boosting school performance; and increasing long-term earnings. MassBudget's updated fact sheet examines a proposal from the Senate Ways and Means Committee to reform and increase the state EITC.

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Income Growth and Gateway Cities: What Happened, and Is There a Path Back to Broadly Shared Prosperity?July 12, 2016

It’s possible for an economy to grow in ways that expand opportunity and promote broadly shared prosperity. We know that’s possible because it’s exactly what happened in the United States in the three decades after World War II. But in the mid-1970s the pattern changed – across America, in Massachusetts, and particularly in our Gateway cities. Typical household incomes grew very little, if at all, for most Gateway Cities over the past few decades. Looking at data in each of the state's 26 "Gateway Cities," how would life could be different today if median wages in those cities had grown at the same rate as the overall economy.

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To participate effectively in our democracy, people need clear and reliable information about policy choices facing the Commonwealth. MassBudget makes that information available to everyone, providing independent research and analysis of state budget and tax policies, as well as economic issues, with particular attention to the effects on low- and middle-income children and adults.

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