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To buy a $2 million home generally takes an annual household income of almost $660,000, based on calculations by Harvard’s McCue. Only 1.7 percent of Boston households clear that high bar, according to Census data examined by Evan Horowitz.

Horowitz said the proposal will likely have the unintended consequence of making homes more expensive and putting homeownership out of reach for more buyers.

A new Roundtable report, written with support from the Center for State Policy Analysis at Tufts University, seeks to highlight the challenges faced by foreign-educated college graduates.

The Massachusetts economy is losing out on $2.3 billion in earnings and productivity every year because of the disconnect between employer need and foreign-educated worker skills, the Business Roundtable and the Tufts policy center determined.

cSPA Executive Director Evan Horowitz appears on WBUR's Radio Boston

cSPA Executive Director Evan Horowitz appears on WGBH's Talking Politics

That said, Horowitz noted that the overhaul of the tax credit for people who care for children or disabled adults will still make a dent in Healey’s broader affordability goals.

“If you’re going to make the claim that our right-to-shelter law is increasing immigration into our state, you would have to say relative to other states nearby,” Horowitz said. “But lots of other states are seeing their shelter systems overwhelmed.”

Horowitz said the state can probably afford a tax cut package in fiscal 2024, but he urges caution about its size.