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Taxes and Budget

Final part 2 budget rejects many cuts and makes investments — but lawmakers still have to address long term revenue needs

Status as of 12:00 P.M, June 19. Maine’s legislature passed the second part of the biennial budget on Wednesday, following the recommendations of the majority of members […]

MECEP
Posted June 13, 2025
Tags Budget, Child Care, Children, Direct Care Work, Education, Health Care, Higher Education, Medicaid, SNAP
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
Taxes and Budget

Tax flight is a myth

With majority reports out of the legislature’s Taxation Committee, a number of bills are on their way to the floor to raise taxes on the wealthiest individuals […]

MECEP
Posted June 10, 2025
Tags Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget

Tax Committee passes progressive revenue bills to raise millions for important priorities

The Maine Legislature’s Taxation Committee passed two progressive revenue bills last week that would raise millions of dollars to help fund important priorities in the next biennium. […]

Maura Pillsbury
Posted May 28, 2025
Tags Budget, Education, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Reporting Work Requirements: Bad at encouraging work, good at making people sick and hungry

Congress wants to make work reporting requirements in safety net programs harsher and more pervasive to remove supports from tens of thousands of Mainers and use that […]

James Myall
Posted May 22, 2025
Tags Budget, Economic Security, Federal, Food Insecurity, Health Care, Medicaid, Medicare, SNAP, TCJA, Trump Tax Cuts, Unemployment
Taxes and Budget

Maine’s economy could lose more than $400 million in federal funds each year under the House reconciliation bill

A number of changes to safety net programs, particularly Medicaid (MaineCare) and the Supplemental Nutrition Assistance Program (SNAP) will lead to more than $400 million less in […]

James Myall
Posted May 22, 2025
Tags Economic Security, Economy, Food Insecurity, Health Care, Jobs, Medicaid, SNAP, TCJA, Trump Tax Cuts
Health Care, Jobs and Income

Maine’s paid family leave law is under attack — and must be defended

Recently, Maine’s legislative Labor Committee heard testimony on more than a dozen bills on Maine’s new Paid Family and Medical Leave (PFML) program, most of which would […]

James Myall
Posted May 15, 2025
Tags Economic Security, Job Quality, Jobs, Paid Family and Medical Leave
Health Care, Taxes and Budget

I’m not on Medicaid — so why should I care about cuts to Medicaid?

Congress is currently considering major cuts to Medicaid and other programs. Changes to Medicaid, which provides health insurance for 1 in 5 Americans and 400,000 Mainers, would […]

Megan Michaud
Posted May 12, 2025
Tags Budget, Children, Health Care, Medicaid, Seniors, Taxes, Trump Tax Cuts
Taxes and Budget

Memo: A Cost-Benefit Analysis of Maine’s Eviction Prevention Program

To aid the Joint Standing Housing and Economic Development Committee in its deliberations on LD 1522, “An Act to Establish the Maine Eviction Prevention Program,” Maine Center […]

James Myall
Posted May 6, 2025
Tags Budget, Economic Security, Economy, Housing
Taxes and Budget

Calm before the storm: New revenue forecast shows little change, for now

At a glance: The state’s Revenue Forecasting Commission made only minor adjustments to future revenue estimates, resulting in a net increase of just over $1 million, while […]

James Myall
Posted May 2, 2025
Tags Budget, Direct Care Work, Education, Medicaid, Revenue, SNAP, Trump Tax Cuts
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