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Annual Massachusetts Outmigration Hits 39,000, Up 1,100% Over The Last Decade: BU Study

/in , /by Editorial Staff

Could rise to 96,000 per year by 2030, costing Massachusetts $19.2 billion in adjusted gross income & $961 million in income tax revenue   BOSTON (April 24, 2024) – Annual net outmigration from Massachusetts has soared by a stunning 1,100 percent to 39,000 people since 2013, according to a new Boston University Questrom School of Business study. If the trend continues, the researchers found, the state’s net outmigration could reach 96,000 by 2030. Outmigration cost Massachusetts $4.3 billion in adjusted gross income (AGI) and $213.7 million in tax revenue during the 2020-21 tax year. The majority of that money went to Florida ($1.77 billion), New Hampshire ($1.1 billion), and Maine ($393 million.) Those numbers could rise to $19.2 billion in […]

Hoover at Stanford’s Stephen Kotkin on Stalin’s Tyranny, WWII, & the Cold War

/in , , , /by Editorial Staff

Dr. Stephen Kotkin explores Stalin’s origins, consolidation of power, and his Communist despotism. Kotkin delves into Stalin’s cunning political maneuvers, his complex relationships with other Soviet leaders like Lenin and Trotsky, and the devastating consequences of his regime, including the forced collectivization and mass starvation of millions.

Superior Court Judge Invalidates “Equity Theft” Law as Unconstitutional

/in , , /by Editorial Staff

Decision brings Massachusetts into compliance with 2023 U.S. Supreme Court ruling SPRINGFIELD, MA –A Massachusetts Superior Court has ruled that a state law allowing municipalities (or private actors to whom municipalities sell the right to foreclose) to foreclose on homes due to property tax debt without having to pay the homeowner the difference between the taxes owed and the value of the home is unconstitutional as applied to the facts of the case at hand.   Ashley Mills was on the verge of losing her fully paid for Springfield home worth around $230,000 due to a $22,000 property tax debt.  On Mills behalf, the Pioneer Public Interest Law Center, Greater Boston Legal Services, and the law firms of Morgan Lewis and […]

Tax Man Confounded: Why High Rates Haven’t Yielded Higher Revenue

/in , , /by Editorial Staff

Joe Selvaggi talks with economic scholar Dr. Brian Domitrovic about the history of federal tax policy and the reasons for why varied marginal rates fail to correlate with either tax revenue or GDP growth.

Massachusetts’ Workforce Growing Older and More Diverse, Remains Highly Educated

/in , , /by Aidan Enright

State relies on highly skilled immigrants to counteract net domestic outmigration and low birth rate BOSTON – The Massachusetts labor force is growing older, more female and workers are less likely to quit than in most other states, according to “Deep Dive: The Massachusetts Labor Force in 2023,” Pioneer Institute’s annual report on the state labor force. “Last year, the labor participation among women in Massachusetts was nearly five points above the national average,” said Pioneer Executive Director Jim Stergios. “Women’s participation in the labor force was only six points below that of men, the narrowest gap we’ve seen.” The Commonwealth’s women are a driving force behind New England consistently having the second highest participation rate among the Census Bureau’s […]