The Massachusetts Fiscal Alliance issued the following statement today in response to a new Tax Foundation analysis debunking the Institute for Policy Studies’ (IPS) recent claim that higher state taxes on high earners lead to increased wealth and economic growth.

The Massachusetts Fiscal Alliance sharply criticized House Minority Leader Brad Jones (R-North Reading) for his failure to lead the Republican caucus in supporting critical tax reform efforts during the House budget debate.

Massachusetts is in a tough financial spot.