Taxes and Budget The window for balancing Maine’s tax code this session may be closing Proponents said amending Maine’s income tax is the most direct way to inject more fairness into the state’s tax code, while helping to fund critical needs such as […] Beacon Posted June 7, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget About that tax ranking… Note: Updated April 15, 2024 As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” […] MECEP Posted May 30, 2023 Tags Budget, Child Tax Credit, EITC, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes
Taxes and Budget Legislators can build on Governor’s change package to boost economic vitality for Maine families Governor Mills’ budget change package — which amends her prior budget proposal to align with more current revenue projections — lays a solid foundation for Maine. It […] Josie Phillips Posted May 18, 2023 Tags Budget, Child Care, Child Tax Credit, Housing, Inequality, Revenue, Tax Fairness, Taxes
Taxes and Budget Key Maine lawmakers are optimistic about reaching a tax-cut deal Going back to the era of former Gov. Paul LePage, Republicans have been focused on income tax cuts. Democrats have favored programs aiming to reduce property taxes. A child […] Bangor Daily News Posted May 4, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Policy Brief: Are Tax Giveaways Worth the Money? Download the PDF version FULL REPORT SUMMARY Maine forgoes billions of dollars in revenue each year by giving out tax breaks. These tax giveaways are costly and […] Maura Pillsbury Posted May 1, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Op-ed: We all pay the price for ineffective corporate tax giveaways The cost of ill-conceived and opaque subsidies is high. Business tax giveaways shift costs onto taxpayers, take money from other important priorities and perpetuate wealth inequality by […] MaineBiz Posted April 4, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Continuing services budget provides stability to Maine communities and economy Two weeks ago, the Joint Committee on Appropriations and Financial Affairs decided the budget for the upcoming two years would be divided into two parts: a “continuing […] Josie Phillips Posted April 3, 2023 Tags Budget, Caregiving, Children, Education, Health Care, Wages
Taxes and Budget ‘Wolf in sheep’s clothing:’ Dems hold the line against GOP budget demands Republicans pointed to the projected budget surplus to argue for the tax cuts, which analysts said would primarily benefit wealthy Mainers. “We are over-collecting taxes from Maine […] Beacon Posted March 31, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Maine lawmakers can transform Maine with the next budget Maine lawmakers have an opportunity to transform the state’s economy by choosing to invest in our people and communities. Imagine an economy where workers don’t have to […] Bangor Daily News Posted February 23, 2023 Tags Budget
Taxes and Budget Modernize the spending cap to meet the moment The state budget allows us to make important investments in the future of our state and all Mainers by funding our schools, health care, infrastructure, and communities. […] Maura Pillsbury Posted February 16, 2023 Tags Budget, Economic Security, Economy