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Taxes and Budget

Nurses and plumbers shouldn’t pay the same tax rate as multi-millionaires. LD 229 and LD 1089 change that.

LD 229 and LD 1089 would make Maine’s tax system fairer, more sustainable, and better aligned with the needs of working families and small businesses. Far from […]

MECEP
Posted March 23, 2026
Tags Budget, Child Care, Economic Security, Economy, Education, Federal, Income Tax, Revenue, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy

Immigration operations cost Maine’s economy millions

At a glance: Increased activity by ICE during “Operation Catch of the Day” likely reduced economic activity in parts of Maine, with an estimated $3.4 million drop […]

James Myall
Posted March 13, 2026
Tags Children, Economic Security, Economy, Immigration, Inequality, Racial Equity
Jobs and Income, Maine’s Economy, Taxes and Budget

6 ways President Trump is shaping Maine’s economy in his first year

After one year in office, the effects of President Trump’s economic policies are beginning to show in state data. His attempts to reshape the economy through tariffs, […]

James Myall
Posted March 13, 2026
Tags Budget, Economic Security, Economy, Employment, Federal, Immigration, Jobs, Tariffs
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
Taxes and Budget

What’s in Governor Mills’ supplemental budget proposal

At a glance: The governor’s supplemental budget proposal uses surplus and Budget Stabilization Fund dollars to maintain current services, meet new federal requirements, fund one-time initiatives, and […]

James Myall
Posted February 10, 2026
Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Budget pressures facing lawmakers in January — and how to address them

December’s semi-annual revenue forecast for Maine’s general fund reported higher-than-expected revenues for the near future, predicting $250 million more over the next two years than the previous […]

James Myall
Posted December 19, 2025
Tags Budget, Economic Security, Education, Revenue, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Maine lawmakers have tools to stop the harms of the Republican reconciliation bill

The Republican megabill passed by Congress in July (HR 1, also known as the One Big Beautiful Bill Act) will severely impact Mainers. This bill is a […]

James Myall
Posted December 19, 2025
Tags Budget, Economic Security, Economy, Food Insecurity, Health Care, Medicaid, Revenue, SNAP, Tax Fairness, Taxes
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
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