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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.

“When people talk about recession risks, that’s what they’re worried about: inflation goes back up, the Fed has to hike even more, they drive the economy into recession, deliberately, basically, and that becomes the model,” Horowitz said.

“It’s one of the small failures of transparency and good governance in Massachusetts among a litany of others that have not yet added up to cataclysmic problems or dramatic issues,” said Evan Horowitz

“You don’t always get the best work out of a company if it doesn’t have an incentive to perform well,” Horowitz said.