New Data: Massachusetts’ Economy Lags Behind Competitor States
Roughly a decade ago, Massachusetts’ economy was growing faster than the national average. New data released this month shows this trend could be reversing as the Commonwealth continues to fall behind key competitor states.
FACT CHECK: Tax Cut Would Have Broad Benefits
In two recent analyses, critics of a proposal to cut the state’s income tax from 5% to 4% over three years have decried it as an unaffordable policy that primarily benefits wealthy individuals. The claims are wrong on multiple fronts, and contradicted by the vast majority of voters across income brackets who support this tax cut.
A Wealth of Evidence on Wealth Tax Consequences
The latest U.S. Census Bureau migration data confirms what policymakers and voters feared – the Commonwealth’s high-tax environment is making it harder to retain residents, business, and investment in an increasingly competitive landscape.
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The Opportunity Report Card features statistics on standards of living and business operation in Massachusetts.
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Fact Check: Income Tax Cut Would Deliver a More Competitive and Affordable Massachusetts
Research shows that a phased-in income tax cut – evaluated using both revenue and economic growth projections – presents a credible path toward improving affordability and strengthening Massachusetts’ competitiveness.
WASHINGTON POST: Massachusetts’s high taxes are shrinking its population
Census data released last month brought bad news for the high-cost states of Massachusetts, New Jersey, New York, Illinois and California, which all led the nation in net out-migration in 2024.
New Data: Massachusetts’ Economy Lags Behind Competitor States
Roughly a decade ago, Massachusetts’ economy was growing faster than the national average. New data released this month shows this trend could be reversing as the Commonwealth continues to fall behind key competitor states.
FACT CHECK: Tax Cut Would Have Broad Benefits
In two recent analyses, critics of a proposal to cut the state’s income tax from 5% to 4% over three years have decried it as an unaffordable policy that primarily benefits wealthy individuals. The claims are wrong on multiple fronts, and contradicted by the vast majority of voters across income brackets who support this tax cut.
A Wealth of Evidence on Wealth Tax Consequences
The latest U.S. Census Bureau migration data confirms what policymakers and voters feared – the Commonwealth’s high-tax environment is making it harder to retain residents, business, and investment in an increasingly competitive landscape.
Ahead of the State of the Commonwealth, Voters Call for Tax Relief
As Governor Maura Healey delivers her 2026 State of the Commonwealth address, voters across the Commonwealth are sending a clear message about what they want most—relief from a growing tax burden.
At Mass Opportunity Alliance, we believe a strong business climate means a better quality of life for all.
Our mission is to defend and strengthen the Massachusetts business climate, ensure long-term economic success and prosperity, promote social mobility, and enhance economic opportunities for all in the Commonwealth.
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