revenue

Surge in State Revenue, Growing Expenditures and Inflation

How has state government spending and revenue changed from 2017 to 2022? Changes in revenue and spending can be a key indicator of state priorities for the size and scope of government, as well as a state’s overall health and economic output....
January 11, 2024

My Musings on Massachusetts’ Fiscal Picture

Since the start of FY2024 on July 1, 2023, the state has experienced six straight months of revenues falling short of expectations. The single biggest factor is the unprecedented growth of the state budget since FY2021. The $15 billion increase in state spending contextualizes the seemingly modest projected revenue growth of 1.6 percent for FY2024 by highlighting that the base is very inflated.
September 28, 2023

Poll: MA Voters Oppose Legislative Proposals to Change Tax Rebate Law

A strong majority of registered Massachusetts voters oppose a plan recently announced by state legislative leaders that would change the way tax rebates are distributed in Massachusetts under a state law approved by voters in 1986, according to a new poll sponsored by Pioneer Institute and the Massachusetts High Technology Council.

Massachusetts Tax Revenues Surpass Pre-Pandemic Levels

Pandemic recovery and then some! Massachusetts revenues are higher than anyone was expecting, but where is all the money coming from? And what does this mean for the Massachusetts economy?
March 10, 2021

Study Finds Massachusetts Graduated Income Tax May Be a “Blank Check” and Not Increase Funding for Designated Priorities

Advocates claim a proposed 4 percent surtax on high earners will raise nearly $2 billion per year for education and transportation, but similar tax hikes in other states resulted in highly discretionary rather than targeted spending, according to a new policy brief published by Pioneer Institute. That same result or worse is possible in Massachusetts because during the 2019 constitutional convention state legislators rejected — not just one, but two — proposed amendments requiring that the new revenues be directed to these purposes.
June 10, 2020

Pioneer Institute Study Calls for Streamlining State Sales Tax Revenue Collection

At a time when state tax revenues are plummeting, a plan to modernize sales tax collection could get money into state coffers more quickly, according to a new policy brief published by Pioneer Institute.

A Primer on Secondary Revenue Sources for Local Governments

Using Pioneer Institute’s MassAnalysis tool, one can find information on how municipal governments raise revenue to fund services. A majority of revenue comes from local taxes – mostly property taxes – but a significant portion comes from transfers from the state and...
August 18, 2016

UMass Amherst Athletics' Spending: Costing the Taxpayer Money

College sports have long been a major and growing attraction at universities across the country. Their rising prominence on campuses nationwide, however, has not come without costs. As their popularity has grown, college sports have taken on a business-like culture. Athletic departments...