Tag Archive for: competitiveness
https://pioneerinstitute.org/wp-content/uploads/Screenshot-2023-10-30-at-3.45.55-PM.png 1334 1570 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2023-10-30 15:47:462023-10-30 15:47:46Statement on Massachusetts Falling from 34th to 46th on Tax Foundation’s 2024 Business Tax Climate Index
Massachusetts policymakers should pay close attention to the latest evidence of the Commonwealth’s declining competitiveness. Last week, the Tax Foundation published its 2024 State Business Tax Climate Index, which showed Massachusetts’ ranking falling more than any other state, from 34th to 46th.
https://pioneerinstitute.org/wp-content/uploads/Senate-Bill-analysis-06142023.png 1080 2400 Eileen McAnneny https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Eileen McAnneny2023-06-14 06:30:412023-06-14 06:40:44Senate Tax Package Misses the Mark on Competitiveness
The Senate tax package, S.2397, is heavy on provisions that reduce the tax burden for certain taxpayers, thereby helping those that qualify for the expanded credits and deductions. The bill, however, is light on provisions that will improve the Commonwealth’s competitiveness.
https://pioneerinstitute.org/wp-content/uploads/visa-application-form-composition-scaled.jpg 1707 2560 Aidan Enright https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Aidan Enright2023-05-09 11:54:412023-05-12 10:30:42A Model for Occupational Licensing Reform in the Bay State
Licensing for many professions squeezes the supply of services, artificially inflating prices and creating wage premiums. One study from the Institute for Justice put the wage premium relative to an environment without any occupational licensing at a whopping 22 percent in Massachusetts.
https://pioneerinstitute.org/wp-content/uploads/Statement-on-tax-reform-and-budget.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2023-04-19 09:00:272023-04-19 09:27:17Public Statement on the House’s Proposed Tax Reform and Budget
Pioneer Institute applauds key tax reform provisions advanced by the Speaker and House leadership, including a reduced short-term capital gains tax rate and implementation of a single sales factor apportionment. But leadership must do more to bolster the state’s economic competitiveness and slow out-migration of wealth and business owners that endangers the commonwealth’s economic future.