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.

Governor Healey Should Address Tax Cuts and Tax Eliminations at State of the Commonwealth

Latest IRS Data Shows MA Hemorrhaging People and Money at Alarming Rate

Did you happen to see this interview where former New England Patriots Head Coach Bill Belichick outlined how difficult the imposition of the income surtax amendment has made it for the Patriots to recruit top tier talent?

Spending Up as Revenues Decline and Taxpayers Flee to Tax Friendly States

North Caroline at 2.5%, Florida at 5.5% and New Hampshire at 7.5%

Nearly 60% of Those Leaving Have Incomes of $150,000 or More

 The Massachusetts Fiscal Alliance issued the following statement today following news that Massachusetts had officially plummeted to the 5^th worst state in the nation in the Tax Foundation’s latest business tax climate index.

New Data from the Bureau of Economic Analysis Shows Personal Income Levels Dropped As Millionaire’s Tax Was Enacted

Following news that Grant William’s decision to leave the Boston Celtics was influenced by the Millionaire’s Tax, the Massachusetts Fiscal Alliance made the following statement calling on legislative leaders to strengthen the proposed tax reform bill to help the Commonwealth regain some semblance of economic competitiveness.