Featured Reports

What Does the Federal Tax Law Mean for Massachusetts and How Might the Commonwealth Respond?January 22, 2018

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, and high-income owners of pass-through entities such as partnerships. The law provides reduced tax rates and relatively smaller tax reductions to most wage and salary earners while disproportionately benefiting those with high incomes. This paper examines the distribution of tax cuts, the impact of how they may be paid for, how the law interacts with Massachusetts policies, and what the Commonwealth could do to take its own direction different from the federal government.

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Analyzing the Governor's Budget for FY 2019February 2, 2018

The Governor’s Fiscal Year (FY) 2019 budget proposal level funds much of state government, includes some targeted initiatives — including an expanded earned income tax credit (EITC) and new services for people struggling with and recovering from mental illness — and proposes small reductions in funding, after accounting for inflation, for higher education and other areas.

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Frequently Asked Questions Related to the $15 Minimum WageJanuary 24, 2018

This brief discusses commonly asked questions surrounding a $15 minimum wage in Massachusetts.

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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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