https://pioneerinstitute.org/wp-content/uploads/MBTA-Subway-Returns-Feature.jpg 450 600 Eamon McCarthy Earls https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Eamon McCarthy Earls2019-04-01 16:48:532019-07-11 11:23:44MBTAAnalysis: A look inside the MBTA
The MBTA shuttles over a million passengers a day around Greater…
https://pioneerinstitute.org/wp-content/uploads/CloseupClock-1.jpg 739 1244 Mary Connaughton https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Mary Connaughton2017-02-20 12:34:192017-02-21 09:47:58The Clock is Ticking…….
The clock is ticking towards December 30, 2017. As part of…
https://pioneerinstitute.org/wp-content/uploads/Red-and-Dark-Sienna-Music-Poster-12.png 512 1024 Andrew Mikula https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Andrew Mikula2021-10-07 06:10:092021-10-07 06:10:09A Timely Tax Cut: How New Hampshire is Taking Advantage of Massachusetts’ Graduated Income Tax Proposal
As Massachusetts voters weigh an amendment to the state constitution to enact a surtax on million-dollar earners, they should be cognizant of how the policies of other states could interact with the tax hike to encourage an exodus of jobs and capital, especially in proximate jurisdictions. New Hampshire is a neighboring state that has already benefited from out-migration from Massachusetts to the tune of over $426 million in taxable income in 2019 alone. A new budget amendment there, passed in July 2021, will eliminate the interest and dividends tax by 2027, contributing to a divergence in tax policy that might attract an increasingly mobile workforce and entrepreneurial base.
https://pioneerinstitute.org/wp-content/uploads/Red-and-Dark-Sienna-Music-Poster-11-1.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-09-27 05:54:502021-09-27 05:54:50Study Finds SALT Deduction Cap, Graduated Income Tax Will Combine to More Than Double Tax Burden on Some Households
A provision of the federal Tax Cuts and Jobs Act of 2017 strictly limiting deductions for state and local taxes (SALT) will greatly exacerbate the adverse effects of a proposal to create a constitutionally mandated graduated income tax, according to a new study published by Pioneer Institute.
https://pioneerinstitute.org/wp-content/uploads/Tax-Flight-Photo-1.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-06-17 05:26:022021-06-17 09:24:04Study 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.
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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. The Pioneer Institute study ties the results of these academic pieces into Massachusetts’ current graduated income tax proposal.
https://pioneerinstitute.org/wp-content/uploads/Red-and-Dark-Sienna-Music-Poster-10.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-06-09 09:29:102021-06-09 09:29:10This 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.
https://pioneerinstitute.org/wp-content/uploads/WordPress-Blog-Post-Featured-Image-2-2.png 512 1024 Jim Stergios https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Jim Stergios2021-03-10 13:08:382021-03-12 08:48:39A wealth tax, a SCOTUS case, and a likely Mass. exodus
Op-ed in The Boston Globe: A case New Hampshire filed with the US Supreme Court last October against the Commonwealth of Massachusetts could have a huge impact on state finances nationwide. It also raises the stakes as the Massachusetts Legislature considers amending the state constitution to eliminate the state’s prohibition against a graduated income tax and to hike taxes on high earners.
https://pioneerinstitute.org/wp-content/uploads/home-for-sale.jpg 480 720 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2018-03-26 09:23:002020-12-07 17:58:25Inadequate Inflation Adjustment Factor Will Subject Increasing Numbers of People to So-Called “Millionaires” Tax
Would take particular toll on those relying on home value appreciation…
https://pioneerinstitute.org/wp-content/uploads/warning.jpg 243 353 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2018-03-07 09:44:142020-12-07 17:58:46Proposition 80 Won’t Generate $1.9 Billion Annual Projected Revenue
Passage of November 2018 ballot measure will make Massachusetts…
https://pioneerinstitute.org/wp-content/uploads/LeavingMA.jpg 1286 2000 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2018-03-02 08:54:572020-12-07 17:59:04Proposition 80 Will Increase Out-Migration of High Earners and Businesses
Passage of November 2018 ballot measure would jeopardize Massachusetts’…
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This report earned media coverage on WGBH radio, WBZ radio,…
https://pioneerinstitute.org/wp-content/uploads/bankrupt-hartford.jpg 269 575 Greg Sullivan https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Greg Sullivan2018-02-07 08:34:102018-02-07 08:35:20Op-ed: Connecticut example argues against millionaires’ tax
This op-ed appeared in The Boston Business Journal on February…
https://pioneerinstitute.org/wp-content/uploads/LeavingCT.jpg 212 472 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2018-01-25 10:11:522020-12-07 17:59:36New Study Looks to Connecticut as Cautionary Tale for Impact of Proposed Ballot Initiative Hiking Taxes
Hear Greg Sullivan discuss this report on Bloomberg Radio. Raising…