Taxes and Budget Earned Income Tax Credit expansion provides greater economic security for working families We all want expanded opportunities for our communities and to ensure our neighbors have the support they need to be stable and secure. But corporations are raising […] Sarah Austin Posted May 16, 2022 Tags EITC, Incomes, Poverty, Tax Fairness
Taxes and Budget The best of the budget for Maine’s economy The 130th legislative session began with a surplus of more than $800 million which was revised up to $1.2 billion in March. The bipartisan budget approved last […] Sarah Austin Posted April 28, 2022 Tags Budget, Economic Security, Economy, Education, Housing, Infrastructure, K-12 Education, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Republican lawmakers want to give millionaires $850 Republican legislators are proposing to remove income caps from the governor’s planned $850 COVID Pandemic Relief Payments. This would make the richest 20 percent of Maine households, […] Sarah Austin Posted April 7, 2022 Tags Budget, Coronavirus, Revenue, Tax Fairness, Taxes
Taxes and Budget Making the most of Maine's historic surplus When a state’s budget fully invests in its people and communities, everyone benefits. Today, Maine has a surplus and policymakers have an opportunity to improve people’s lives, […] Sarah Austin Posted March 1, 2022 Tags Budget, Economic Security, Education, Health Care, Job Quality, Paid Sick Days
Taxes and Budget Ending tax haven abuse in Maine By cleaning up loopholes in the corporate tax code that help corporations hide their US profits offshore, Maine can level the playing field for Main Street businesses […] Sarah Austin Posted February 17, 2022 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Box retailers continue challenging Maine towns to get out of paying what they owe The services, infrastructure, and amenities funded by property taxes increase our quality of life and help businesses succeed. But large, multi-national big-box retailers are increasingly turning to […] Sarah Austin Posted February 2, 2022 Tags Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Amending Build Back Better to lift SALT cap would undermine tax fairness As President Biden’s Build Back Better plan moves forward, Congressional leaders are considering an increase to the state and local tax (SALT) deduction. Under current law, individuals […] Sarah Austin Posted November 10, 2021 Tags Budget, Federal, Income Tax
Taxes and Budget House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers New analysis by the Institute on Taxation and Economic Policy found provisions in a bill recently approved by the House Ways and Means Committee would improve tax […] Sarah Austin Posted September 29, 2021 Tags Economic Security, Incomes, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Child Tax Credit expansion reducing hunger, increasing security for Maine kids — Congress must continue this life-changing program The Biden administration’s improvements to the Child Tax Credit (CTC) are cutting child hunger and improving economic security for families nationwide. About 4 out of 5 kids […] Sarah Austin Posted September 27, 2021 Tags Children, Coronavirus, Economic Security, Economy, Food Insecurity, Tax Fairness, Taxes
Taxes and Budget State lawmakers make unprecedented investments in Maine communities and families this session Lawmakers delivered unprecedented resources to Maine people and communities this year as federal dollars and strong state tax revenues supported historic levels of investment in response to […] Sarah Austin Posted September 10, 2021 Tags Budget, Caregiving, Children, Education, Higher Education