Press Releases on the Massachusetts Economy

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Shane Smyth on How Immigrants Saved Restaurants

This week on JobMakers, Host Denzil Mohammed talks with Shane Smyth, owner of Hugh O’Neill’s Irish Pub in Malden, and co-owner of five more restaurants in Newton and Boston, one of which he launched during the pandemic. 
July 29, 2021/by Editorial Staff

Where are Barnstable residents migrating to?

Using Pioneer Institute’s newest database, Massachusetts IRS…
July 27, 2021/by Nathan Bornstein

Understanding Property Tax, Property Value, and Tax Levy Trends in Massachusetts

According to Pioneer Institute’s MassAnalysis tool, single…
July 22, 2021/by Emily Donovan

Anita Worden Takes Immigrants’ Skills to the Next Level

This week on JobMakers, Host Denzil Mohammed talks with Anita Worden, renewable energy business entrepreneur, about her work to improve representation of women in crucial economic sectors like technology, a place where they can innovate and have real impact. 
July 22, 2021/by Editorial Staff

Employment trends in the Greater Boston Area and Touristy Massachusetts Counties during the COVID-19 Pandemic

Using MassEconomix, Pioneer Institute’s database on employment…
July 22, 2021/by Nathan Bornstein

David Dyssegaard Kallick on the Facts about Immigration

This week on JobMakers, Host Denzil Mohammed talks with David Dyssegaard Kallick, Deputy Director of the nonprofit, nonpartisan think tank Fiscal Policy Institute and Assistant Visiting Professor at the Pratt Institute, on the impact of immigrants in local and national settings.
July 15, 2021/by Editorial Staff

Massachusetts Is Losing Adjusted Gross Income to No-Income Tax State Migration

In light of a proposed tax increase on million-dollar annual…
July 13, 2021/by Jack Landsiedel

Ely Kaplansky Goes from Immigrant to Inc. 5000 Insurance Entrepreneur

This week on JobMakers, host Denzil Mohammed talks with Ely Kaplansky, President & CEO of Kaplansky Insurance. Since 1974, Ely has created hundreds of jobs in Massachusetts and beyond, with 85 employees in 15 offices across the state today, and he has grown his business during the pandemic, such that Kaplansky Insurance was named to Inc. magazine’s "5000 Fastest-Growing Private Companies in America" list. His success fulfilled the dreams of his parents when they moved from Israel to America in 1955, with just the clothes on their backs and an aunt to take them in. Their journey began in the concentration camps of Germany, and Ely’s story is all about the opportunity and freedom America offers.
July 8, 2021/by Editorial Staff

Semyon Dukach on the High Value of Immigrants for the U.S. Economy

This week on JobMakers, Host Denzil Mohammed talks with Russian-born entrepreneur Semyon Dukach about the high value of immigrants to the U.S. Dukach started a seed stage fund for immigrant tech founders, One Way Ventures, in response to the early restrictive moves of the Trump administration, particularly the Muslim ban. 
July 1, 2021/by Editorial Staff

Massachusetts Residents Are Opting to File for Residential Energy Tax Credits

In 2018, 14,230 Massachusetts taxpayers received a total of $65,868,000…
June 29, 2021/by Jack Landsiedel

Renters’ Unsung Heroes: Small Landlords Endure Without Income or Relief

Hubwonk host Joe Selvaggi talks with MassLandlords’ Doug Quattrochi about ways landlords faced the challenges of being caught between tenants unable to pay rent during COVID-19 shutdown and having little or no programmatic relief from state and federal agencies.
June 29, 2021/by Editorial Staff

Jo Napolitano on the Inspiring Stories of Immigrant Children

This week on JobMakers, Host Denzil Mohammed talks with Jo Napolitano, journalist, former Spencer Fellow at Columbia University, and author of the new book, The School I Deserve: Six Young Refugees and Their Fight for Equality in America, about the enterprising spirit of immigrants and refugees across the nation and at the U.S.-Mexico border.
June 24, 2021/by Editorial Staff

Umesh Bhuju Seeks a Fair Deal for Immigrants, Farmers & the Environment

This week on JobMakers, Host Denzil Mohammed talks with Umesh Bhuju, owner of Zumi’s Espresso in Ipswich, Massachusetts, about how a business model based on selling nothing but fair-trade products can thrive in a world driven by profit. He describes his early experiences in his homeland of Nepal, where he witnessed child labor, and how that has shaped his pursuit of the American dream.
June 17, 2021/by Editorial Staff

Study Says Massachusetts Surtax Proposal Could Reduce Taxable Income in the State by Over $2 Billion

As voters now begin to weigh the potential impact of a ballot proposal to increase taxes on business owners, retirees and wealthier households, 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.
June 17, 2021/by Editorial Staff

Unintended Tax Consequences: Modeling the Effects of the Millionaire’s Tax on Massachusetts’ Economic Future

Hubwonk host Joe Selvaggi talks with Beacon Hill Institute President Dr. David Tuerck about his recent analysis of the proposed 4% surtax on incomes over $1 million in Massachusetts, and his estimate of the number of individuals who will leave the state as a result. Tuerck, an economist, used STAMP modeling tools comparing the static projections offered by proponents of the so-called "Fair Share Amendment" with a model simulation that accounts for the unintended effects of the tax.
June 15, 2021/by Editorial Staff

How do employment trends differ between urban and rural Massachusetts from 1999-2019?

To better understand these statistics, data available on employment across Massachusetts counties is helpful. This blog will investigate the employment trends in Franklin and Middlesex Counties from 1999-2019.
June 11, 2021/by Maida Raza

Dr. Babak Movassaghi on Winning in Football & Healthcare Innovation

This week on JobMakers, Host Denzil Mohammed talks with Dr. Babak Movassaghi, founder of InfiniteMD (acquired last summer by ConsumerMedical), which connects patients with top U.S. medical professionals through second-opinion video consultations, guiding patients to better care. When the world shut down due to COVID-19, Dr. Movassaghi's company was already prepared to serve patients via telehealth. In this episode, they discuss his fascinating pivot from physics and professional football in Germany, to healthcare and innovation here in the U.S., an extension of his ability to navigate multiple identities as an Iranian-German living the American Dream.
June 10, 2021/by Editorial Staff

COVID-19 and Unemployment Rates in the Cape and Islands 

 

The COVID-19 pandemic has had a large impact on unemployment…
June 10, 2021/by Emily Donovan

This Is No Time for a Tax Increase

This is no time to threaten Massachusetts’ prospects for an immediate economic recovery and the long-term competitiveness of the Commonwealth’s businesses. As Massachusetts lawmakers prepare to vote on whether to send a proposed constitutional amendment that would impose a 4 percent surtax on residents who earn $1 million or more in a year to the statewide ballot in 2022, Pioneer Institute urges them to recognize that tax policy sizably impacts business and job location decisions and that jobs are more mobile than ever.
June 9, 2021/by Editorial Staff

Jitka Borowick on Starting a Small Business during COVID

This week on JobMakers, Guest Host Jo Napolitano talks with Jitka Borowick, Founder & CEO of Cleangreen, a cleaning service committed to environmentally-friendly practices, and Nove Yoga, launched during COVID. Jitka grew up under communism in the Czech Republic. Determined to learn English, she made her way to the U.S., initially with plans to stay for only one year - but ended up making it her home. Jitka shares the difficulties of learning another language and culture, her pathway to entrepreneurship, her courageous decision to open a new business during a pandemic, and how her companies have successfully adapted to the challenges so many small businesses have encountered over the past year.
June 3, 2021/by Editorial Staff

Study Finds Deep Flaws in Advocates’ Claims that the Massachusetts Tax Code is Regressive

Proponents of a state constitutional amendment to add a 4 percent surtax on all households with annual income above $1 million frequently cite 2015 data from the Institute on Taxation and Economic Policy, which argues that the Massachusetts tax code is regressive, but a new study published by Pioneer Institute debunks many of the underlying assumptions used in ITEP’s 2015 report.
June 1, 2021/by Editorial Staff