Massachusetts Democrats are unwilling to tap into the state’s significant savings balance to replace food aid, previewing difficult decisions that loom on the horizon.
rainy day fund
Posted inOpinion
We solved a big budget crisis before by closing corporate loopholes and tax dodges. We should do it again.
Massachusetts is one of the richest per-capita places in the world. We have the wealth to weather this storm, and maintain the state’s fiscal strength, by tapping a portion of the state’s rainy day fund and raising significant new revenue from the world’s largest, most profitable corporations.
Posted inOpinion
Small businesses should not pay for Massachusetts’s $2.1 billion unemployment insurance mistake
The real question is, will state elected officials return to their default settings by expecting job creators to shoulder the burden through higher taxes, or will they learn from past UI missteps and seek meaningful reforms?