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Taxes and Budget

What to know about Maine’s millionaire tax

This year, the Maine legislature passed landmark tax fairness legislation, creating a millionaire tax. Here’s what you should know. What is the Maine millionaire tax? The millionaire […]

Maura Pillsbury
Posted July 13, 2026
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

2026 Session Recap: Tax policy

By Maura Pillsbury and Mark Shaffer The 2026 legislative session delivered major milestones in tax fairness, including: passage of a millionaire tax signed by the governor into […]

Maura Pillsbury
Posted April 23, 2026
Tags Property Tax, Tax Fairness, Tax Havens, Taxes, Trump Tax Cuts
Taxes and Budget

Lawmakers can seize the opportunity to raise revenue for important priorities

Governor Janet Mills has released her FY26- FY27 supplemental budget and now lawmakers have important decisions to make about how they will allocate state funds to meet […]

Maura Pillsbury
Posted March 10, 2026
Tags Budget, Inequality, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Tax conformity decisions will shape Maine’s future (Part 3: The QSBS tax break is BS)

Many of Maine’s tax rules are tied to federal law, so when federal tax laws change, the state must decide whether to follow or set its own […]

Maura Pillsbury
Posted March 4, 2026
Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

As Mainers struggle, State gives away millions in new business tax breaks

At a glance: While lawmakers cut or underfund services like family planning, free community college, care worker wages, and eviction prevention, they approved millions in new and […]

Maura Pillsbury
Posted February 11, 2026
Maine’s Economy, Taxes and Budget

Tax conformity decisions will shape Maine’s future (Part 2: Big business don’t need help, struggling Mainers do)

Many of Maine’s tax rules are tied to federal law, so when federal tax laws change, the state must decide whether to follow or set its own […]

Maura Pillsbury
Posted December 19, 2025
Tags Budget, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Tax conformity decisions will shape Maine’s future (Part 1: Maine shouldn’t fall for policy gimmicks)

Many of Maine’s tax rules are tied to federal law, so when federal tax laws change, the state must decide whether to follow or set its own rules. Following […]

Maura Pillsbury
Posted December 19, 2025
Tags Budget, Economic Security, Economy, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Missed opportunities to advance tax fairness and create a better state

The State doesn’t have adequate funding for health care, housing, and many other pressing needs. The fairest way to fix this is by asking the wealthiest people […]

Maura Pillsbury
Posted October 16, 2025
Tags Budget, Child Care, Economic Security, Economy, Food Insecurity, Housing, Medicaid, SNAP, Tax Fairness, Taxes
Taxes and Budget

Mainers deserve better: Corporate tax breaks win while care workers, students, reproductive health services, and families at risk of eviction get left behind

In the final hours of the legislative session, lawmakers are poised to choose corporations over care workers, tax breaks over tenant protections, and profits over people. While […]

Maura Pillsbury
Posted June 25, 2025
Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Tax bracket bill would raise taxes on the wealthy, cut bottom bracket

The Taxation Committee reported out an amended version of LD 229, a bill that creates two new top income tax brackets for higher earners and lowers the […]

Maura Pillsbury
Posted June 11, 2025
Tags Economic Security, Income Tax, Tax Fairness, Taxes
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