Economic Opportunity

This edition of The House Call describes a proposed zoning reform that would make it easier to add housing to existing properties in Hyde Park, Roslindale, and West Roxbury. It also provides an update about pending state legislation related to housing.

Massachusetts remains a venture capital powerhouse amid cost-driven declines in business formation and private sector jobs AT A GLANCE: BOSTON – Massachusetts remains one of the nation’s leading innovation economies, attracting significant venture capital and ranking third nationally in business research and...

BOSTON – A proposal to cut the state income tax rate from 5 percent to 4 percent over three years would have provided the median Massachusetts household with $1,095 in annual tax savings, grown the state economy by $14.5 billion, created 43,000 new jobs, increased total wages by nearly 2 percent and reduced the state unemployment rate by 0.3 percent, according to a new study published by Pioneer Institute.

Pioneer Institute applauds the Healey Administration’s proposal to reduce the LLC filing fee from $500 to $100 and discount annual LLC fees during the early years of a new business. These changes remove two unnecessary barriers facing entrepreneurs and small business owners looking to launch and grow in Massachusetts. We believe that it is crucial that state leaders build on these proposals to address the Commonwealth’s economic malaise, which started with the pandemic.

BOSTON – The size of the state workforce reached an all-time high in 2025, and a new Pioneer Institute study recommends implementing an attrition program that would reduce the number of positions under the governor’s authority by 5,000 and save taxpayers $1.5 billion over five years by backfilling three of every four positions that are vacated.

A new analysis from ADP Research (reported in the Wall Street Journal) delivers a clear warning for Massachusetts: the Boston–Cambridge–Newton metropolitan area now ranks 48th out of 55 major U.S. metro areas in attracting young workers. The study tracks more than 400,000 workers in their 20s and evaluates metro areas on a simple but decisive set of factors—job availability, affordability, and access to degree-requiring work. On those measures, Boston lands near the bottom. High wages are no longer enough to offset the region’s high cost structure and weaker hiring momentum.

The Commonwealth had the nation’s lowest net business formation rate from 2020 to 2024, losing more than 17,000 employer businesses over nine consecutive quarters 

In Massachusetts, the permitting process for new residential development often slows down housing production and adds unnecessary costs for builders. These costs are then passed onto buyers and tenants, helping to explain why Massachusetts has some of the most expensive housing in the country.  Most residential developments, from single-family...

April 15th is more than a filing deadline – it’s a moment to reflect on how tax policy shapes the economic trajectory of Massachusetts. As residents finalize their returns, a broader question looms: are current tax policies helping the state grow, or quietly pushing people and capital...

Data show the requirements increase rents, reduce housing development