PioneerOpportunity

PioneerOpportunity seeks a business climate in which entrepreneurs and employees benefit from a thriving economy.

MASS ECONOMIX

Find your own facts at Mass Economix!

Explore job and business trends across Massachusetts, geographically and by industry.

PIONEER OPPORTUNITY POLICY AREAS

JOBS AND BUSINESS CLIMATE

Study: Net Out-Migration of Wealth from Massachusetts Nearly Quintupled from 2012-2021

IRS data reveals that net out-migration from Massachusetts is accelerating rapidly and is greatest among affluent residents who pay the most in state taxes, according to a Pioneer Institute analysis. Between 2019 and 2021, Massachusetts rose from ninth to fourth among all states in net out-migration of wealth, behind only California, New York, and Illinois.

TAX POLICY

Licensing burdens thwart economic growth in Massachusetts

Immigrants account for 17% of Massachusetts residents but start a quarter of the Commonwealth’s new businesses. These entrepreneurs could create even more jobs that further lift wages and standard of living if not for the unnecessary obstacle of restrictive state and local occupational licensing laws.

COVID-19 ECONOMIC IMPACT

Get Updates on our Economic Opportunity Research!

Read More of Our Commentary:

Licensing burdens thwart economic growth in Massachusetts

February 22, 2023/by Charles Chieppo

Taxachusetts Must Be Stopped

November 7, 2022/by Charles Chieppo

WSJ op-ed: Don’t Make Massachusetts ‘Taxachusetts’ Again

September 9, 2022/by Jim Stergios

A wealth tax, a SCOTUS case, and a likely Mass. exodus

March 10, 2021/by Jim Stergios
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