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Fiscal Issues
Issues
An Act Relative to Zero-Based Budgeting and Budget
Transparency
AIM testimony in Support of S. 1389 and S. 1454 Similarly
Named, An Act Relative to Zero-Based Budgeting and Budget
Transparency
An Act Relative to Using Capital-Gain Income for
One-Time Capital Expenditures
AIM’s bill requires that capital-gains tax revenue be dedicated to
one-time capital outlays rather than annual, ongoing expenses of state
government. Revenue from capital gains taxes fluctuates based on the
financial markets and is thus an unreliable source of money for the
commonwealth’s operational budget.
News Blog
| Where We Stand on the Tax Debate |
Massachusetts lawmakers looking to
raise taxes must first regain the public's confidence that the
commonwealth can make the same, tough budget decisions that employers
and famililes make every day.
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AIM Applauds House Ways and Means Budget
April 16, 2009 |
AIM commended the House of
Representatives Thursday for proposing a disciplined $27.5 billion
budget containing no tax increases or withdrawals from the rainy-day
fund. The fiscal blueprint, intended to stem a projected $3.6 billion
deficit for fiscal 2010, uses $1.46 billion in federal stimulus money,
reduces local aid by 6.6 percent and requires state employees to pay 30
percent of health insurance premiums. Learn More
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