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Taxes and Budget

'Is This Our Party Anymore?' — Maine's Establishment Republicans Who Got Canceled

That was the dilemma for Mills, whose budget writers were confronting an estimated $100 million hole in the current budget if the state conformed to the federal tax code […]

Maine Public
Posted January 29, 2021
Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

The Daily Brief: Janet Mills boxed herself in on virus aid taxes before reversing course

Republicans have argued that Mills should fund the tax cuts with spending cuts rather than federal funding, but Wednesday marked a victory in their first real tax […]

Bangor Daily News
Posted January 28, 2021
Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

RELEASE: No double-dip tax breaks for businesses that received PPP grants

AUGUSTA, Maine — Powerful business special interests are pushing the state to enact a double-dip tax break scheme that would take $100 million away from Maine’s COVID […]

Posted January 27, 2021
Tags Budget, Coronavirus, Federal, Tax Breaks, Taxes
Taxes and Budget

Lawmakers should reject scheme to turn PPP into double tax cuts for profitable businesses

Maine’s top priority for a robust, fair COVID recovery must be to provide relief to struggling families and make investments in schools, communities, infrastructure, and services that will […]

Sarah Austin
Posted January 27, 2021
Tags Budget, Coronavirus, Federal, Revenue, Tax Breaks, Taxes
Taxes and Budget

Mills says she’ll seek ways to avoid state tax on businesses’ relief loans

But the liberal Maine Center for Economic Policy said the state should reject a “double-dip tax break scheme” for businesses. The organization said making the loans tax-free […]

Portland Press Herald
Posted January 27, 2021
Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Tax Policy Options: Maine needs progressive revenue solutions to build a stronger, fairer future

Download the PDF version Download The incoming Legislature has the opportunity to address longstanding problems in the state’s tax code that have made life harder for Maine […]

Sarah Austin
Posted January 27, 2021
Tags Budget, Estate Tax, Income Tax, Revenue, Sales Tax, Tax Fairness, Taxes
Taxes and Budget

Officials Say Maine Can't Forgo Taxes From Paycheck Protection Funds. Republicans Are Crying Foul

“The treatment in the change package is revenue neutral,” she says. “It is not a tax increase on businesses. It is submitting a double benefit.” Austin says […]

Maine Public
Posted January 25, 2021
Tags Budget
Taxes and Budget

Mills’ budget proposal would tax Paycheck Protection Program funds as income

Sarah Austin with the Maine Center for Economic Policy, a left-leaning organization that advocates for economic policies that help low-income Mainers, said many of the federal tax […]

Portland Press Herald
Posted January 25, 2021
Tags Budget
Taxes and Budget

Lawmakers, advocates see Mills’ ‘flat’ budget as a starting point for negotiations

The governor’s plan relies heavily on federal dollars for its COVID-19 health response and rebuilding from the economic crisis. Any federal relief that comes to the state […]

Beacon
Posted January 15, 2021
Tags Budget
Taxes and Budget

Gov. Mills’ proposed budget analyzed

Gov. Janet Mills presented a two-year $8.3 billion budget to the Legislature Friday, but analysts say there is room for growth.   “We are now in a […]

Fox Bangor
Posted January 11, 2021
Tags Budget
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