1. State & Local Taxes in Massachusetts Fall 2009 Listening Tour Representative Jay R. Kaufman Senator Benjamin B. Downing House Chair Senate Chair

2. Source: FY 2006 Massachusetts State & Local Revenue, US Census Bureau

3. Source: Executive Office of Administration & Finance, FY 2008

4.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

5.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

6. Source: Massachusetts Budget & Policy Center Fiscal Year 1977-78 State & Local Taxes as a % of Personal Income

7. Source: Massachusetts Budget & Policy Center Fiscal Year 2007 State & Local Taxes as a % of Personal Income

8. Source: Massachusetts Budget & Policy Center Income Tax ($1.4b)

9.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

10. Source: Institute for Taxation & Economic Policy, 2009 2007 State & Local Taxes Shares of Family Income Income Ranges Less than $18,000 $18,000 to $34,000 $34,000 to $58,000 $58,000 to $97,000 $97,000 to $203,000 $203,000 to $526,000 $526,000 or more Top 20 %

11.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

12. Source: Massachusetts Taxpayers Foundation * 2009 & 2010 Estimates Executive Office of Administration & Finance Capital Gains Revenue FY 2000 to FY 2010

13.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

14.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

15.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity

16.  Adequacy  Fairness/Equity  Certainty/Stability  Congruency with Policy Goals  Responsibilities and Authority Aligned  Efficiency (Administrative and Economic)  Transparency  Simplicity