“...(A)ny time you offer people free money, it always sounds good,” Baxandall said. “If you have to explain where the $5 billion in cuts from the income tax will come from, that’s a lot harder. ... There’s no $5 billion ‘Department of Waste, Fraud and Abuse’ just waiting to be cut.”

**NEW REPORT** One Year into The Affordable Homes Act: What Has It Accomplished and What Else Can Be Done?

Policy is personal - Check out MassBudget Senior Policy Analyst Adam Jones on the @racepowerpolicy.org 's blog: Why Wealth Matters: Lessons from My Father and the Case for Baby Bonds in Massachusetts

☔ ☔ "It's what it's for. It's for helping us when times are hard. It's explicit, the law says, that it should be used when there is a loss of federal funds," said Phineas Baxandall @phineasb.bsky.social of The Massachusetts Budget Policy Center. buff.ly/uOIhPB9 ☔ ☔

MassBudget's Research Director @phineasb.bsky.social breaks down the unavoidable fact that when you cut taxes . . . you lose revenue. 🤔

@phineasb.bsky.social speaks at @raiseupma.bsky.social 's Rainy Day Action at the Statehouse: "These days it’s easy to feel hopeless. There’s a lot of disastrous decisions at the federal level that Massachusetts and our leaders are left out of.

Research & Policy Director @phineasb.bsky.social gets ready to speak at @raiseupma.bsky.social 's Rainy Day Action event at the Statehouse. Happening now!

Read MassBudget's Viviana Abreu-Hernandez's op-ed on why we must make tax-dodging multinational corporations pay their fair share in Massachusetts

"Baxandall, of MassBudget, called the report 'inaccurate history, which doesn't suffice to cover up the impossible math.” @phineasb.bsky.social

@raiseupma.bsky.socialv fought hard to win Paid Family Medical Leave (PFML). New state Fiscal Year 2025 report shows big benefits for workers in Massachusetts: 130,309 workers made use of PFML last year receiving $1.24 billion in benefits. #mapoli Official report: buff.ly/oqANt2I

ICYMI - MassBudget's own @chelsea-marie.bsky.social chimes in on tax cuts for the wealthiest while children go hungry: "We as a state have an ability and a choice to do it differently.”

And another one! MassBudget's Adam Jones testifies again on Baby Bonds, to the Joint Committee on State Administration & Regulatory Oversight buff.ly/TF6otEu

MassBudget's Adam Jones testifies in support of Baby bonds - a proven wealth-building strategy to improve economic participation and opportunity for all. buff.ly/CBQO1iT

Today's hearing for Baby Bonds bills is underway! Thank you to Treasurer Goldberg for your leadership! buff.ly/5rpx8Sq

New data on healthcare affordability: Health Insurance Premium Spikes Imminent as Tax Credit Enhancements Set to Expire

**NEW REPORT** How can we close the wealth gap in Massachusetts? One probable answer lies in baby bonds.

"... wealthy families are smart enough to know they want to be in a place that invests in its future,” @phineasb.bsky.social said. “Eliminating a major tax like that ... from the people who can most afford to pay it is exactly the wrong thing to do.” buff.ly/WhPRcN4

Proud to see MA leading the way and providing a model for fair(er) taxation for other states. Thanks, Fair Share! buff.ly/1hS3ynZ

MassBudget's Director of Advocacy Chelsea Sedani speaking at the statehouse to push for fully-funded schools

MassBudget's Director of Advocacy @chelsea-marie.bsky.social speaking at the statehouse to push for fully-funded schools. We're proud to stand with our partner MEJA to fix the inflation glitch impacting districts across the Commonwealth.

Did you know that the Commonwealth has the authority to prevent federal tax changes from automatically becoming part of the state’s own tax code? ICYMI: the time to do so is now!

Friday Fun: 🎤 MassBudget Prez Viviana M. Abreu-Hernandez keynotes PEAS' (Pursuit of Equity, Accountability, and Success of Latinx Students) Meeting the Moment Convening at Worcester State University www.peaslatinx.org/meeting-the-...

We are excited to join the Governor's Competitiveness Council. We look forward to offering data-driven recommendations that prioritize low and middle-income workers, recognizing them as the true foundation of the Commonwealth's economy.

Excited to be with community tonight at @aclum.bsky.social's Bill of Rights Gala 🥳

"Baxandall urged Beacon Hill to opt out of new federal corporate tax rules, a process known as decoupling that the state has used in the past. Dropping the five most costly federal provisions would preserve $463 million in revenue this fiscal year."

"Every state's tax codes is fully of loopholes, even the Commonwealth...Here's where your GILTI bill comes in: it's a rare 2017 gift from the federal government...GILTI stands for Global Intangible Low Tax Income, and the federal law claws back 50% of those shifted profits [from corporations]"

Catch MassBudget Prez Viviana Abreu-Hernandez leading the plenary session @ Worcester State University's Oct. 17 symposium, “Meeting the Moment: Safeguarding Education Pathways for Latino Students in Massachusetts”!

**STATEMENT** MassBudget calls for MA lawmakers to opt out of the five most costly corporate tax changes in the federal OBBBA buff.ly/ACKB86m

"MassBudget estimates that adopting a robust and well-enforced provision requiring multinational corporations to include 50 percent of GILTI profits in their state tax calculations would generate over $400 million a year for the Commonwealth." -Kurt Wise testifies buff.ly/EtXrVDk

"It's a no- brainer": self-proclaimed 'Former Corporate Tax Avoidance Enabler' Don Griswold testifies in support of An Act combatting offshore tax avoidance (H.3110/S.2330).

By passing An Act combatting offshore tax avoidance (H.3110/S.2033), MA will be joining our neighbors - not becoming an outlier - when we adopt GILTI at 50%.

How bad is the problem of multinational corporations hiding profits in offshore tax havens? This graphic says it all. An Act combatting offshore tax avoidance (H.3110/S.2033) will bring the Commonwealth millions in much-needed tax revenue every year.

The hearing is underway for An Act combatting offshore tax avoidance (H.3110/S.2033). MassBudget's Senior Policy Analyst & Tax Policy Expert Kurt Wise will testify soon. Sneak peak of his testimony: buff.ly/EtXrVDk

HAPPENING NOW: Plenary Session, "Responding to the Housing Crisis in Massachusetts," Danielle Sommer Kieta (Policy Director, Homes for All Massachusetts) explains how Homes for All is working to advance a vision for housing that is very different from housing in the U.S. today.

Congressman McGovern zoomed in from D.C. to update and inspire #MassBudgetFOCUS2025 attendees

HAPPENING NOW: Concurrent Session, "Protecting Won Territory: Holding the Line for School Funding Equity in Massachusetts," Senator Jacob Oliveira overviews the status of public education finance and offers insights into the possible elimination of the U.S. Department of Education.

HAPPENING NOW: Concurrent Session, "Have a Good Ride: Investing in Affordable, Reliable, and Safe Transportation in Massachusetts," @Lizzi Weyant explains how we should set a path toward game-changing infrastructure improvements in Massachusetts. #MassBudgetFOCUS2025 #mapoli #EconomicJustice

HAPPENING NOW: Concurrent Session, "Brought to You by Fair Share: How the Surtax Fuels Investments in Education and Transportation"

HAPPENING NOW: Concurrent Session, "From Feeding the Poor to Asking Why the Poor Have No Food: Tackling Systemic Poverty in Massachusetts," Representative @Marjorie Decker presents both short-term and long-term policy solutions to alleviate poverty in Massachusetts. #MassBudgetFOCUS2025 #mapoli

HAPPENING NOW: Concurrent Session, "Corporate Tax Havens, Loopholes, and Avoidance: Expanding Corporate Fair Share in Massachusetts," Senator @Liz Miranda discusses the proposal to move from including 5% of Global Intangible Low Tax Income (GILTI) in MA corporate tax calculations to including 50%.

HAPPENING NOW: Plenary Session, "Massachusetts Reacts to Federal Government Funding Cuts," Senator @jocomerford.bsky.social discusses the stability of the country and the Commonwealth in the face of unprecedented federal budget cuts targeting the most vulnerable populations. #MassBudgetFOCUS2025

HAPPENING NOW: Keynote Speaker, @Dr. Miguel A. Cardona, served as the 12th U.S. Secretary of Education under Joe Biden. He advocates for academic recovery post-pandemic, mental health support, global competitiveness, and making college more affordable. #MassBudgetFOCUS2025 #mapoli #EconomicJustice

HAPPENING NOW: Conference Opening with Dr. @Viviana Abreu-Hernandez #MassBudgetFOCUS2025 #mapoli #EconomicJustice

HAPPENING NOW: Conference Opening with Dr. @Alexandra Piñeros Shields. #MassBudgetFOCUS2025 #mapoli #EconomicJustice

Happening Tomorrow: FOCUS2025 - MassBudget's inaugural policy conference! See you on Wednesday, October 1st - You won't want to miss it. Register now at buff.ly/IWNPECB Thank you so much to our Lunch Sponsor: @Eastern Bank

TOMORROW! See you at FOCUS2025 - MassBudget's inaugural policy conference! Wednesday, October 1st - Register now before tickets run out: buff.ly/dsB51Jv Thank you to @Annie E. Casey Foundation, our Networking Session Sponsor!

NEW from @jenniferlsullivan.bsky.social and me for @centeronbudget.bsky.social: With Congress poised to take away premium tax credit enhancements soon, ~4M people will lose coverage and costs will rise for nearly all ACA marketplace enrollees unless Congress acts.🧵

We can't wait to see you at FOCUS2025 - MassBudget's inaugural policy conference! It's coming up quick! Wednesday, October 1st - don't miss it! Register today: buff.ly/IWNPECB Thank you so much to @Nellie Mae Education Foundation, our Presenting Sponsor!

Join us at FOCUS2025 - MassBudget's inaugural policy conference! Tune in to listen to panels advocating for policy reforms in education, transportation, housing, and more! We hope to see you on Wednesday, October 1st. Register now: buff.ly/IWNPECB

We hope to see you at FOCUS2025 - MassBudget's inaugural policy conference! Join us on Wednesday, October 1st! Register today: buff.ly/IWNPECB