Tax and Budget

Most Recent
November 13, 2017
Sarah Austin of the Maine Center for Economic Policy joins us this morning to talk about the GOP’s tax reform proposal.
November 6, 2017
“If this were a genuine effort to boost the middle class, Congress would be proposing a $1.5 trillion package to take on student debt, create good jobs with good benefits, or invest in modern infrastructure to give American businesses a competitive edge.
November 3, 2017
Sarah Austin, policy analyst at the left-leaning Maine Center for Economic Policy, said the changes would not provide any significant tax benefit to the typical Maine family.
November 2, 2017
AUGUSTA, MAINE (November 2, 2017) – U.S. House Republican leaders released tax legislation today that would give large tax cuts to the wealthiest individuals and corporations and threaten core services for working families and seniors.
October 27, 2017
"Question 4 is a simple bi-partisan solution to mend the Maine constitution to change the period time where we amortize or cover the loss for unfunded liabilities from 10 years to 20 years," said Marpheen Chann, the communications director at Maine Center for Economic Policy.
October 4, 2017
"This tax plan is bad for Maine," said Sarah Austin, a policy analyst at the Maine Center for Economic Policy. "If enacted, these lopsided cuts will only serve to worsen the growing gap between the richest households and everyone else and will trigger deep cuts in this and future budgets to everything from medical research, to job training, to infrastructure and other investments that grow our economy."
July 13, 2017
Using the 10 percent tax rate approved by Maine voters, the state is likely to bring in about $18 million a year once the market is established, in two or three years or so, said James Myall, a policy analyst for the Maine Center for Economic Policy.
July 13, 2017
James Myall, a policy analyst for the Maine Center for Economic Policy, said the bigger the gap between the legal price of marijuana, after taxes, and the street price of black market marijuana, the more people will turn to illicit suppliers.
July 7, 2017
In the early hours of the morning on July 4th, Maine Lawmakers enacted a two year budget that repealed the voter approved three percent surcharge on household income over $200,000 and gave a massive tax cut to the top two percent of households. This is the third biennial budget in eight years that contained tax breaks for the wealthiest Mainers. The top five percent of Mainers now pay the lowest effective tax rate on average compared to all other income groups. These tax breaks for the wealthiest come at a cost to investments in thriving communities and worsen income inequality.
June 29, 2017
James Myall A vibrant economy that works for everyone needs strong public services, and above all, good schools. And that requires everyone to pay their fair share towards those services.