Taxes and Budget The case for corporate transparency Mainers work hard to support themselves and their communities. They pay taxes to fund the services communities need to thrive, like education, health care, and infrastructure. But […] Maura Pillsbury Posted March 12, 2024 Tags Budget, Corporate Power, Tax Breaks, Tax Fairness
Taxes and Budget People with low- and middle-income fare better under Maine’s tax system The Institute on Taxation and Economic Policy (ITEP) released its updated Who Pays? report today, highlighting how state tax systems across the country, including Maine’s, impact income […] Maura Pillsbury Posted January 9, 2024
Taxes and Budget Business tax giveaways to watch in 2024 Each year the state of Maine gives away millions of public dollars in subsidies to businesses in the form of tax breaks. Often these tax breaks are […] Maura Pillsbury Posted December 5, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Hollywood strike highlights unfairness of film tax subsidies As the Hollywood actors strike continues, it’s a stark reminder that all workers are essential, and no industry can operate without them. The Screen Actors Guild and […] Maura Pillsbury Posted October 3, 2023 Tags Corporate Power, Economy, Employment, Job Quality, Tax Breaks, Unions, Wages
Taxes and Budget Good Jobs First finds business subsidies contribute to racial and wealth inequality For years, research organization Good Jobs First has been at the forefront of examining the impacts of using public money to subsidize wealthy corporations. Now in a […] Maura Pillsbury Posted September 7, 2023 Tags Budget, Inequality, Racial Equity, Tax Breaks, Taxes
Taxes and Budget Property tax freeze fix would benefit older Mainers who need it most Maine’s property tax freeze program, also known as the property tax stabilization program, was put in place hastily at the end of last legislative session despite serious […] Maura Pillsbury Posted June 21, 2023 Tags Economic Security, Housing, Property Tax, Seniors, Tax Fairness
Taxes and Budget Proposed Dirigo business subsidy is a bad deal for Maine and could worsen inequality The Mills administration is rushing through a $55 million per year tax giveaway for businesses without proper vetting that could worsen inequality in Maine. As recently noted […] Maura Pillsbury Posted May 31, 2023 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget 10 unanswered questions about the proposed Dirigo business subsidy Governor Mills is proposing a big new tax subsidy for businesses. The Dirigo tax credit would cost an estimated $54.5 million per year and provide business tax […] Maura Pillsbury Posted May 17, 2023 Tags Corporate Power, Economic Security, Economy, Tax Breaks
Taxes and Budget Policy Brief: Are Tax Giveaways Worth the Money? Download the PDF version FULL REPORT SUMMARY Maine forgoes billions of dollars in revenue each year by giving out tax breaks. These tax giveaways are costly and […] Maura Pillsbury Posted May 1, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget It’s time to shine a light on corporate tax avoidance When corporations don’t pay what they owe in taxes, Maine people, communities, and small businesses end up footing the bill. As Maine Center for Economic Policy has […] Maura Pillsbury Posted April 10, 2023 Tags Corporate Power, Economy, Income Tax, Inequality, Tax Breaks, Tax Fairness