State Revenue

Policymakers on Beacon Hill have many visions of tax relief for this fiscal year, and all of them include changing the estate taxes. What are those changes, and what would their impact be?

The Massachusetts Lottery is once again expanding, offering a new $50 dollar scratch ticket. Members of the House and Governor Healey have also backed a proposed FY24 budget provision creating an online lottery, or iLottery. While these measures are predicted to boost the state's revenue and ability to provide local aid, state legislators should ask themselves whether these new changes represent sound public policy and align with other policies goals.

The estate tax has become an increasingly significant source of revenue for the Bay State in recent years. Why is this: and is it a good thing?

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?

Local governments generate capital from a variety of sources: service charges, federal revenue, state revenue, licensing and permit fees, local taxes, and interfund operating transfers.  Pioneer Institute’s Website, MassAnalysis, “allows the comparison of municipalities based on a wide variety of metrics.” The...