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-8.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-06-01 05:54:112021-06-01 05:54:11Study Finds Deep Flaws in Advocates’ Claims that the Massachusetts Tax Code is Regressive
Proponents of a state constitutional amendment to add a 4 percent surtax on all households with annual income above $1 million frequently cite 2015 data from the Institute on Taxation and Economic Policy, which argues that the Massachusetts tax code is regressive, but a new study published by Pioneer Institute debunks many of the underlying assumptions used in ITEP’s 2015 report.
https://pioneerinstitute.org/wp-content/uploads/Hubwonk-Template-3.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-02-02 10:39:172021-03-22 13:59:02Connecticut’s Painful Journey: Wealth Squandered, Lessons Learned, Promise Explored
Host Joe Selvaggi talks with Connecticut Business and Industry Association’s President and CEO, Chris DiPentima, about what policy makers can learn from Connecticut’s journey from the wealthiest state in the nation, to one with more than a decade of negative job growth.
https://pioneerinstitute.org/wp-content/uploads/Fig1-3.png 652 923 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-02-01 05:10:572021-07-22 09:09:56New Study Shows Significant Wealth Migration from Massachusetts to Florida, New Hampshire
Over the last 25 years, Massachusetts has consistently lost taxable income, especially to Florida and New Hampshire, via out-migration of the wealthy, according to a new Pioneer Institute study. In “Do The Wealthy Migrate Away From High-Tax States? A Comparison of Adjusted Gross Income Changes in Massachusetts and Florida,” Pioneer Institute Research Director Greg Sullivan and Research Assistant Andrew Mikula draw on IRS data showing aggregate migration flows by amount of adjusted gross income (AGI). The data show a persistent trend of wealth leaving high-tax states for low-tax ones, especially in the Sun Belt.
https://pioneerinstitute.org/wp-content/uploads/Copy-of-WM8.png 512 1024 Andrew Mikula https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Andrew Mikula2021-02-01 05:06:382021-03-22 13:58:11Do The Wealthy Migrate Away From High-Tax States? A Comparison of Adjusted Gross Income Changes in Massachusetts and Florida
Massachusetts had a net outflow of $20.7 billion in adjusted gross income (AGI) between 1993 and 2018. The biggest beneficiaries of the wealth that fled the Commonwealth were Florida, which captured 47.5 percent of it, and New Hampshire, which captured 26.1 percent. Between 2012 and 2018, Florida saw a net AGI inflow of $88.9 billion. Affluent taxpayers are responsible for an outsized proportion of state tax revenue. The data also show a strong correlation between state taxes and migration. States like Florida and New Hampshire that have no state income tax have seen a net inflow of AGI from higher-tax states like Massachusetts.
https://pioneerinstitute.org/wp-content/uploads/JoshRauh.jpg 390 278 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-01-19 10:47:172021-03-22 13:59:45California Tax Experiment: Policy Makers Receive Valuable Economics Lesson
Host Joe Selvaggi talks with Stanford University Economics Professor Joshua Rauh about his research on the reaction of Californians to a tax increase, from his report, “The Behavioral Response to State Income Taxation of High Earners, Evidence from California.” Prof. Rauh shares how his research offers tax policy makers insight into the likely effects of similar increases in their own states, including here in Massachusetts.
https://pioneerinstitute.org/wp-content/uploads/CT-Fig-3.png 806 923 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2021-01-14 05:48:432021-02-15 16:11:15New Study Finds Tax Policy Drives Connecticut’s Ongoing Fiscal & Economic Crisis
Multiple rounds of tax increases aimed at high earners and corporations triggered an exodus from Connecticut of large employers and wealthy individuals, according to a new study published by Pioneer Institute.
https://pioneerinstitute.org/wp-content/uploads/Connecticuts-Dangerous-Game_.png 512 1024 Andrew Mikula https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Andrew Mikula2021-01-14 05:27:092021-03-22 14:01:07Connecticut’s Dangerous Game: How the Nation’s Wealthiest State Scared Off Businesses and Worsened Its Fiscal Crisis
This report presents evidence that Connecticut’s embrace of an aggressive tax policy to pay for ballooning government expenditures — including a sharp corporate tax rate increase — has been a major driver in the loss of bedrock employers. Higher corporate tax rates, combined with hikes in the personal income tax and, especially, the estate tax, also appear to be a factor driving away a growing number of the state’s wealthiest residents.
https://pioneerinstitute.org/wp-content/uploads/GOING-UP_-The-Challenge-of-Reopening-Shared-Office-Buildings-1.png 512 1024 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2020-06-10 07:10:262020-06-10 07:11:20Pioneer 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.
https://pioneerinstitute.org/wp-content/uploads/beach-town.jpg 876 701 Madeleine Cammarano https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Madeleine Cammarano2019-07-25 09:27:472019-07-25 09:30:19MassAnalysis: What are the 10 towns with the highest local taxes per capita?
Massachusetts municipalities generate the bulk of their revenue…
https://pioneerinstitute.org/wp-content/uploads/Worcester-Union-station_Phelan.jpg 2112 2816 Eamon McCarthy Earls https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Eamon McCarthy Earls2019-06-18 17:53:372019-06-18 17:53:37MassAnalysis: Drawing data-based comparisons between cities and towns
Massachusetts has 351 cities and towns—a constellation of communities…
https://pioneerinstitute.org/wp-content/uploads/WebCover.jpg 335 752 Editorial Staff https://pioneerinstitute.org/wp-content/uploads/logo_440x96.png Editorial Staff2018-02-13 08:02:172020-12-07 17:59:23Study: New Federal Tax Law Would Exacerbate Economic Damage of Prop 80
This report earned media coverage on WGBH radio, WBZ radio,…