#FiscalPolicy

Lessons from the 2000 Massachusetts Income-Tax Rollback: A Reality-Check for the 2025 Ballot Debate is an empirical analysis of Massachusetts revenue data from FY1998–FY2021. The study concludes that a one-point rate reduction is unlikely to produce large, persistent revenue shortfalls, and that long-term fiscal stability depends far more on economic performance than on marginal rate differences.

Research indicates that tax policy plays a key role in outmigration from Massachusetts, and a new study published by Pioneer Institute highlights six tax reforms that would help the Commonwealth address its outmigration and competitiveness challenges.