Closing the wealth gap could grow Massachusetts economy by $25 billion: Report Erin Tiernan © Provided by Boston Herald BOSTON, MA. APRIL 27, 2021: The Massachusetts State House in Boston, Massachusetts. (Staff photo by Nicolaus Czarnecki/MediaNews Group/Boston Herald)
Closing the wealth gap between white residents and Black and Latino counterparts could trigger the state economy to grow by $25 billion over five years, a new report reveals.
Fiscal watchdog group the Massachusetts Taxpayers Foundation waded into the race debate this week with a 29-page, first-of-its-kind report exploring racial inequities in wealth, income and employment, education, criminal justice, and health care.
“The Foundation has always been committed to fiscal stability, economic growth, and opportunity for all, and this new report represents our effort to ensure we are adding a racial-equity lens to our research on policy impacts,” foundation President Eileen P. McAnneny said in
Report: Closing racial divides in Mass would also provide economic jolt
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Report: Closing Racial Wealth Gap Would Give Economic Jolt
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