A new literature review by Pioneer Institute shows that many existing academic studies find that wealthy individuals are particularly sensitive to changes in tax policy. Other studies explicitly warn policymakers that behavioral responses to taxing the rich could erode the tax base and ultimately strain state budgets. The Pioneer Institute study ties the results of these academic pieces into Massachusetts’ current graduated income tax proposal.
A new study published by Pioneer Institute recommends ten healthcare reforms allowed during COVID-19 that should remain in effect permanently, after the state's emergency declaration for COVID-19 ends on June 15. These reforms have enhanced flexibility in the healthcare system, highlighting barriers that make the system more expensive, harder to access and less patient-centered.
Advocates of the proposed surtax paint a picture of the Massachusetts tax system as highly regressive. They fail to mention that ITEP, the organization that produced the data upon which they rely, rated Massachusetts as having a more progressive tax system than 29 other states. ITEP fails to adequately explain their model’s treatment of the tax incidence of sales, excise, and property taxes, and they exclude a number of other aspects of the tax code that make it seem artificially regressive.
Over time, the Massachusetts Executive Office of Health and Human Services and Department of Public Health (DPH) have improved reporting about cases and deaths from COVID-19 in state-regulated eldercare facilities, but flaws and omissions remain and should be corrected, according to a new study published by Pioneer Institute. Download: A Brighter COVID Dashboard: State Should...
This report finds that a spate of new incentive and subsidy programs seeking to lure talented workers and innovative businesses away from their home states could constitute an additional challenge to Massachusetts’ economic and fiscal recovery from COVID-19.
Pioneer Institute's Jim Stergios submitted public testimony highlighting Pioneer’s very serious concerns about how the proposed graduated income tax amendment to the Massachusetts State Constitution would have a detrimental impact on the state’s economy as it begins to recover from the COVID-19 pandemic.
This report finds that, under a graduated income tax, Massachusetts’ top marginal short-term capital gains tax rate would be the highest in the nation, exacerbating a tax and regulatory environment that has made it hard for day traders and other investors to contribute to Massachusetts’ economy. By imposing a 4 percent income on all annual income over $1 million, including capital gains, the graduated income tax would penalize the capital formation that is the key to long-term growth and higher living standards for all in the Commonwealth.
This policy brief finds that the state constitutional amendment promoted by the Massachusetts Teachers Association and the Service Employees International Union to add a 4 percent surtax to all annual income above $1 million will adversely impact a significant number of pass-through businesses, ultimately slowing the Commonwealth’s economic recovery from COVID-19.
An Emerson College Poll a poll of 1,500 residents commissioned by Pioneer Institute reveals that a year into the COVID-19 pandemic, Massachusetts residents have mixed opinions about how K-12 education has functioned, but they tend to view the performance of individual teachers more favorably than that of institutions like school districts and teachers’ unions. Massachusetts...
This report finds that two states and three school districts around the country for which data are available appear to be out of compliance with provisions of the federal Individuals with Disabilities Education Act (IDEA) that require provision of equitable, publicly funded special education services to students in private schools, after a $3.8 million settlement was reached in Massachusetts for failure to comply.