Thursday, July 15, 2010

Facts At a Glance: Massachusetts Ranks 31st in Taxes in FY 2008

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Facts At a Glance:
Massachusetts Ranks 31st in Taxes in FY 2008

July 15, 2010

This week the U.S. Census Bureau released its annual update of State and Local Government Finances, providing national data for Fiscal Year 2008. 

The amount of state and local taxes paid in Massachusetts as a share of total personal income was 10.3 percent in FY 2008. By this measure, Massachusetts had lower taxes than 30 other states.

A MassBudget fact sheet analyzing the new Census data is available at or by clicking here.

In addition, a newly updated fact sheet, Facts At a Glance: New Corporate Tax Breaks Proposed in Economic Development Legislation, is available by clicking here.

See MassBudget's Budget Browser to explore Massachusetts state budgets from Fiscal Year 2001 to the present, as well as budget proposals offered by the Governor and the Legislature.

MassBudget provides independent research and analysis of state budget and tax policies, as well as economic issues, with particular attention to the effects on low- and moderate-income people.
Massachusetts Budget and Policy Center | 15 Court Square | Suite 700 | Boston | MA | 02108

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