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It would add an estimated $1.3 billion in annual revenue for the state, according to a report published this year by the Center for State Policy Analysis at Tufts University.

Advocates picked up on the idea [of universal vouchers] and have commissioned research by the Center for State Policy Analysis at Tufts University that will sketch out possible paths to that goal and estimate the cost.

The “simplest approach,” cSPA Executive Director Evan Horowitz wrote, would be to give all taxpayers a one-time rebate, an option under consideration in 10 other states across the political spectrum.

Lawmakers should consider a tax cut package that “benefits the most vulnerable, improves our state’s competitiveness, and avoids unintended long-term consequences,” Evan Horowitz wrote

“Since we haven’t fixed anything, there’s no reason to think we’re going to have a different outcome...we’ll be underfunding moving forward because we weren’t able to agree on changes,” said Evan Horowitz.

NBC10 interviews cSPA's Evan Horowitz about the gig driver ballot question

Spend the same amount, get less stuff. That’s what we mean by inflation.

"I'm tempted to say this can't go on but I would have said the same thing three months or six months ago and been very, very wrong," said Evan Horowitz.

“Post-pandemic madness continues to reign over state tax revenues,” Horowitz said. "As a forecaster, it’s hard to stomach but there’s no question state finances are in very good shape.”