The report by Tufts University’s Center for State Policy Analysis concluded that while the ballot question clearly states that the money must be devoted to education and transportation, not all the surtax revenue is likely to be spent in those areas.
"From a financial and economic perspective, there’s still a perfectively sensible, reasonable argument to implement the tax because it’s raising money from the wealthiest households in a way that’s quite progressive.”
“It’s a lot of money, but it’s not infinite money. Not even close,” Evan Horowitz said.That comment proved prescient as House leaders said this week that they had gotten requests from 400 individuals and organizations totaling more than $30 billion.
Massachusetts’ talented, well-educated workforce is the number one reason that most companies say they choose to relocate or expand here. But what happens when employers can hire from anywhere?
The 30-page report, prepared with assistance from cSPA and released on Tuesday, lays out in broad contours what some changes to society may be post-pandemic, from hybrid work models to increasing relianc
“Given the current state of the economy, a delay in ARP spending may be a good thing. Right now, the economy doesn’t need any short-term stimulus,” Horowitz said.
"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."