https://pioneerinstitute.org/wp-content/uploads/Untitled-design-2022-09-30T093943.616.png 512 1000 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2022-09-30 09:01:112022-09-30 09:40:33How would a tax increase impact the MA economy?
How would a tax increase impact the MA economy?/in Blog: Economy, Economic Opportunity, Featured /by Editorial Staff
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Pioneer’s Charlie Chieppo explains how an income tax hike in Massachusetts will impact retirees and small business owners – not just the “super rich.”
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Additional Pioneer reports on the Mass. economy:
https://pioneerinstitute.org/wp-content/uploads/Nail-salons-image.webp 574 907 Charles Chieppo https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Charles Chieppo2023-02-22 15:11:052023-02-22 15:11:05Licensing burdens thwart economic growth in Massachusetts
Licensing burdens thwart economic growth in Massachusetts
Originally appeared in the Boston Herald on February 11, 2023 With…
https://pioneerinstitute.org/wp-content/uploads/Copy-of-11.-Employees-of-the-Public-Sector-13.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2022-12-08 08:13:462022-12-08 08:34:34Report: Immigrant Entrepreneurs Provide Economic Benefits, but Face Significant Obstacles
Report: Immigrant Entrepreneurs Provide Economic Benefits, but Face Significant Obstacles
Immigrants have started a quarter of all businesses in Massachusetts despite making up just 17 percent of the state workforce, and those establishments appear to be more innovative than those founded by native-born Americans. Despite these contributions, shrinking federal visa caps and red tape are among the factors making it more difficult for immigrants to come to the U.S., according to “Immigrant Entrepreneurs and the Barriers They Face: An Academic Literature Review,” published by Pioneer Institute.
https://pioneerinstitute.org/wp-content/uploads/Pioneer-Institute-Statement-on-Question-1.png 512 1000 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2022-11-09 16:09:302022-11-09 16:09:30Pioneer Institute Statement on Question 1
Pioneer Institute Statement on Question 1
Yesterday, voters came closer than many expected to rejecting the largest tax increase in Massachusetts history, even though opponents were dramatically outspent by the unions that bankrolled the amendment to the state Constitution.
https://pioneerinstitute.org/wp-content/uploads/MassachusettsStateHouse-1.jpg 2592 3872 Charles Chieppo https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Charles Chieppo2022-11-07 14:11:352022-11-07 14:11:35Taxachusetts Must Be Stopped
Taxachusetts Must Be Stopped
Going back to the bad old days of Taxachusetts would be an almost unfathomable mistake. Between the $3 billion bombshell that upended the recent legislative session, the ambiguity about how the tax revenue will actually be spent, and the contrasting examples of neighboring New Hampshire and Connecticut, Bay State voters have plenty of reasons to come back to reality and reject the ill-conceived proposal to amend the Massachusetts constitution this November.
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Study: Legislators Must Answer Key Questions Before Setting Policy for App-Based Rideshare/Delivery Workers
After Massachusetts’ Supreme Judicial Court declared an initiative that was to appear on the November ballot unconstitutional, the issue of how to classify app-based rideshare/delivery workers is back in the hands of the state Legislature. A new study published by Pioneer Institute distills from the research literature eight questions legislators must answer before determining how to address this fast-growing industry.
https://pioneerinstitute.org/wp-content/uploads/WSJ-web.png 512 1024 Jim Stergios https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Jim Stergios2022-09-09 17:20:182022-09-09 17:20:18WSJ op-ed: Don’t Make Massachusetts ‘Taxachusetts’ Again
WSJ op-ed: Don’t Make Massachusetts ‘Taxachusetts’ Again
Unlike many blue states, Massachusetts has resisted the temptation to raise taxes on high earners. That antitax fortitude is about to be tested. In November, state legislators will ask voters to approve an amendment to the Massachusetts constitution adding a 4% surcharge to annual income over $1 million.
https://pioneerinstitute.org/wp-content/uploads/Copy-of-11.-Employees-of-the-Public-Sector-3.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2022-07-29 11:28:502022-07-29 11:28:50Pioneer Institute Expects That Massachusetts Taxpayers Will Be Refunded $3.2B Due To State Revenue Cap
Pioneer Institute Expects That Massachusetts Taxpayers Will Be Refunded $3.2B Due To State Revenue Cap
Pioneer Institute projects that the state will refund approximately $3.2 billion to taxpayers due to a state law sponsored by Citizens for Limited Taxation and voted on by taxpayers in 1986 that caps the amount of revenue the state can collect in any given year.
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Survey of Business Sentiment: MA Income Tax Hike Would Lead to Employer Exodus
Nearly three quarters (73 percent) of Massachusetts business leaders think business associates will leave the state if a constitutional amendment appearing on the November ballot to hike taxes is successful, according to a survey conducted by Pioneer Institute.
https://pioneerinstitute.org/wp-content/uploads/Picture1-2.png 247 624 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2022-06-09 10:58:442022-06-09 10:59:08As States Compete for Talent and Families, Massachusetts Experienced a Six-Fold Increase in Lost Wealth Compared to a Decade Earlier
As States Compete for Talent and Families, Massachusetts Experienced a Six-Fold Increase in Lost Wealth Compared to a Decade Earlier
With competition for businesses and talent heating up across the country, in 2020 Massachusetts shed taxpayers and wealth at a clip six times faster than even just a decade ago. Between 2010 to 2020, Massachusetts’ net loss of adjusted gross Income (AGI) to other states due to migration grew from $422 million to $2.6 billion, according to recently released IRS data now available on Pioneer Institute’s Massachusetts IRS Data Discovery website. Over 71 percent of the loss was to Florida and New Hampshire, both no income tax states.
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Book Reveals How Tax Hike Amendment Would Damage Commonwealth’s Economic Competitiveness
If adopted, a constitutional amendment to hike state taxes that will appear on the ballot in November could erase the hard-earned progress Massachusetts has achieved toward economic competitiveness over the last 25 years and may not result in any additional education and transportation funding, according to a new book from Pioneer Institute, entitled Back to Taxachusetts?: How the proposed tax amendment would upend one of the nation’s best economies, which is a distillation of two dozen academic studies.
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Study Documents The Design Challenges, Contracting Issues, And Delays Facing New MBTA Fare Collection System
This new study unearths previously unseen communications between the MBTA and its contractors, showing that the MBTA’s efforts to modernize its fare collection system, including allowing payments with credit cards and bringing “tap and go” technology to Commuter Rail and ferry lines, was riddled with technological challenges and difficulties overseeing contractors as early as 2019, culminating in a 3-year delay to the project’s full implementation.
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Study: Legislature Likely to Reduce Spending on Education and Transportation from Other Revenue Sources, Replace Cuts with Surtax Money
Revenue from a ballot initiative to amend the state Constitution and raise income taxes on households and businesses by adopting a graduated income tax structure would supposedly provide resources for transportation and public education, but a new study published by Pioneer Institute finds that, were the tax amendment to pass, the money would be fungible and much of it likely spent on general budget measures.