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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

Update: The proposed changes to the property tax freeze program described here were enacted in July 2023 as part of the state budget, LD 258 part S. Click […]

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
Taxes and Budget

Maine should tax big corporate tax dodgers

This year, Congress made a big change to how massive corporations — those with profits over $1 billion — are taxed by establishing a “real profits tax” […]

Maura Pillsbury
Posted March 27, 2023
Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Modernize the spending cap to meet the moment

The state budget allows us to make important investments in the future of our state and all Mainers by funding our schools, health care, infrastructure, and communities. […]

Maura Pillsbury
Posted February 16, 2023
Tags Budget, Economic Security, Economy
Taxes and Budget

Maine again has a chance to stop corporations from avoiding taxes

Last year, Congress failed to pass a proposal to limit corporations from avoiding income tax by reforming how corporate income taxes are determined. But the Maine legislature […]

Maura Pillsbury
Posted January 30, 2023
Tags Revenue, Tax Fairness, Tax Havens, Taxes
Taxes and Budget

Tax freeze program fails to focus on older Mainers who need it most

All older Mainers deserve access to safe and affordable housing, without the fear of being unable to pay their bills or losing their home as they age. […]

Maura Pillsbury
Posted September 8, 2022
Tags Economy, Housing, Income Tax, Incomes, Property Tax, Seniors, Taxes
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