"I think we missed an opportunity in the fall to really grapple with the fact that revenues were healthy, were strong, and federal support was sufficient to prop up the economy, and that our budget should reflect that."
“Even in a universe where COVID never happened, the kind of revenues I’m expecting to see would be strong,” said Evan Horowitz, executive director of the Center for State Policy Analysis at Tufts University.
Evan Horowitz, executive director of the Center for State Policy Analysis at Tufts University, said that people who lack broadband and reliable equipment could end up cut off from new opportunities for remote work, telehealth, distance learning and online
“The future of workplaces, the future of housing, these things are going to be determined by a set of experiments that we’re all going to run in the next two to five years.”
“The state has not been setting aside sufficient amount of money to make sure that the system can function as needed in downturns, and that needs to be addressed,” said Evan Horowitz
A new report from a Tufts University think tank suggests that now “may not be an optimal moment” to raise unemployment tax rates, but says that a repeated pattern of rate freezes is a “recipe for long-term insolvency and future debt.”
The most optimistic forecast for 2022 also came at the end of the hearing from Evan Horowitz, director of the Center for State Policy Analysis at Tufts University.
“Month after month, state tax revenues seem to defy economic logic,” said Evan Horowitz, executive director of the Center for State Policy Analysis at Tufts University.