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The MassLottery: A Bay Stater’s Favorite Pastime

The Massachusetts lottery made $5.9 billion in 2021, making it the fourth-highest source of revenue for the state. This confirms a long-standing trend: that Massachusettans love to play the lottery.

Dodging Debt Default: Who Won Congressional Cage Match Compromise

Joe Selvaggi talks with CATO Institute budget expert Chris Edwards about the details of the newly passed Fiscal Responsibility Act, which avoids crossing the debt ceiling in exchange for slowing spending growth.

Massachusetts is Losing Taxpayers to More Tax-Friendly States

This post explores the difference among tax policies in Massachusetts, New Hampshire, and Florida in order to explain the increasing amount of Massachusetts residents who are migrating from the state. Tax-friendly policies are very alluring to Massachusetts residents, seeing as the state is actually increasing the personal income tax rate rather than try to lower taxes, as both New Hampshire and Florida have done.

Healthcare: Suffolk County’s Biggest Driver for Labor and Employment

Suffolk County employment and labor trends have seen steady growth over the past 15 years. The rise of establishments and employment in the health care sector has directly contributed to these trends. Suffolk County has now surpassed Worcester and Essex counties in labor force and employment numbers.

The Confounding Massachusetts Estate Tax

The estate tax has become an increasingly significant source of revenue for the Bay State in recent years. Why is this: and is it a good thing?