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

Taxes and Budget

Wealth tax bill addresses defects in our tax code and would increase funding for local services and affordable housing

Ensuring fair taxation of wealth should always be a priority, and the pandemic has revealed just how important it is. Mostly low-wage workers on the frontlines of […]

Sarah Austin

Posted May 24, 2021

Tags Housing, Inequality, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Repealing tax cuts for the wealthiest estates would reduce inequality, fund investments in communities

Our communities and are state are stronger when all Mainers and Maine families have equal opportunities to thrive. But growing inequality is a barrier to opportunity for […]

Sarah Austin

Posted May 13, 2021

Tags Estate Tax, Revenue, Tax Breaks, Tax Fairness, Taxes

Jobs and Income, Taxes and Budget

Speaker Fecteau’s bill would use 3-cent tax on top 1 percent to fund hazard payments for frontline workers

Maine’s pandemic experience has looked very different depending on where you stand in today’s economy. Essential frontline workers, many of whom were underpaid and experienced poor working […]

Sarah Austin

Posted May 12, 2021

Tags Coronavirus, Tax Breaks, Tax Fairness, Taxes, Wages

Taxes and Budget

Bills to raise taxes on high incomes would fund long-term investments in people and communities

The wealthiest households in Maine have benefitted greatly from recent state and federal tax cuts. The top 1 percent receive over $50,000 a year in tax cuts […]

Sarah Austin

Posted May 6, 2021

Tags Budget, Income Tax, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Maine can clamp down on corporate tax dodging by targeting tax haven abuse

When Maine communities thrive, so do the corporations that do business here. But when profitable corporations build their wealth by exploiting the tax code and hiding their […]

Sarah Austin

Posted April 14, 2021

Tags Economy, Revenue, Tax Fairness, Taxes

Jobs and Income

Pine Tree Development Zones promised jobs but didn’t deliver. It’s time to end them.

In 2003, the Maine Legislature created Pine Tree Development Zones, a tax expenditure program designed to spur job creation in economically distressed areas of the state. The […]

Sarah Austin

Posted March 24, 2021

Tags Jobs, Tax Breaks, Taxes

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Amending Build Back Better to lift SALT cap would undermine tax fairness

House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers

Child Tax Credit expansion reducing hunger, increasing security for Maine kids — Congress must continue this life-changing program

State lawmakers make unprecedented investments in Maine communities and families this session

Wealth tax bill addresses defects in our tax code and would increase funding for local services and affordable housing

Repealing tax cuts for the wealthiest estates would reduce inequality, fund investments in communities

Speaker Fecteau’s bill would use 3-cent tax on top 1 percent to fund hazard payments for frontline workers

Bills to raise taxes on high incomes would fund long-term investments in people and communities

Maine can clamp down on corporate tax dodging by targeting tax haven abuse

Pine Tree Development Zones promised jobs but didn’t deliver. It’s time to end them.