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Taxes and Budget

Governor signs breweries, earned income tax credit bills

Childless, independent workers aged 18 to 24 will receive Maine’s earned income tax credit for the first time starting in 2020 under a bill signed by Mills […]

NewsCenter Maine
Posted July 2, 2019
Tags EITC, Tax Fairness
Taxes and Budget

Maine more than doubles its Earned Income Tax Credit, boosting incomes for the working poor

With widening income inequality and rising cost of living, even Mainers who are working hard can find it difficult to make ends meet. Today, things got just […]

Sarah Austin
Posted June 27, 2019
Tags EITC, Tax Fairness, Taxes
Taxes and Budget

Eye on Augusta: Legislature Adjourns, Passes Solar Bills, Rejects Aid to Asylum Seekers

The Maine Legislature unanimously passed a bill to more than double the earned income tax credit and expand eligibility to 18- to 24-year-olds without children. In a […]

The Free Press
Posted June 27, 2019
Tags EITC, Tax Fairness
Maine’s Economy, Taxes and Budget

STATEMENT: EITC expansion will boost economic security for roughly 100,000 Maine households

CONTACT Mario Moretto mario@mecep.org 207-620-1101 AUGUSTA, Maine — Sarah Austin, policy analyst at Maine Center for Economic Policy, released the following statement regarding the unanimous enactment Thursday […]

Posted June 20, 2019
Tags Economic Security, EITC, Tax Fairness
Taxes and Budget

After tax credit bill passes, 100,000 Mainers set to get an income boost in 2020

“In our out-of-balance tax code, the poor pay more than the wealthiest residents of our state,” said Sarah Austin, a policy analyst for the Maine Center for […]

Beacon
Posted June 20, 2019
Tags EITC, Tax Fairness
Taxes and Budget

Letter to the editor: Earned Income Tax Credit expansion will give a boost to hardworking Mainers

Financial burden is a terrible feeling and something that is, unfortunately, common in Maine. Maine has a bill to expand the Earned Income Tax Credit. According to […]

Portland Press Herald
Posted June 11, 2019
Tags EITC, Inequality, Tax Fairness
Taxes and Budget

Taxation Committee votes to close business tax loophole

Sarah Austin, tax and budget policy analyst at Maine Center for Economic Policy, released the following statement in reaction to the Taxation Committee’s unanimous vote Thursday for […]

MaineBiz
Posted June 7, 2019
Tags EITC, Inequality, Tax Fairness, Taxes
Taxes and Budget

STATEMENT: Tax Committee's unanimous vote to fund EITC expansion by closing business tax loophole

CONTACT Mario Moretto mario@mecep.org 207-620-1101 AUGUSTA, Maine — Sarah Austin, tax and budget policy analyst at Maine Center for Economic Policy, released the following statement in reaction […]

Posted June 6, 2019
Tags EITC, Inequality, Tax Fairness, Taxes
Taxes and Budget

Maine has a tool to reduce poverty and encourage work. Expanding it makes sense.

If fully funded, an estimated 177,000 households across the state would benefit, including roughly 14,000 family caregivers and 2,000 students, according to analysis by the left-leaning Maine Center for […]

Bangor Daily News
Posted May 29, 2019
Tags EITC, Poverty, Tax Fairness, Taxes
Taxes and Budget

Taxation Committee gives bipartisan approval to expansion, modernization of Maine's EITC

The Legislature’s Taxation Committee on Wednesday gave near-unanimous approval to a plan to boost incomes for low- and moderate-income working Mainers by expanding and modernizing the state’s […]

Sarah Austin
Posted May 24, 2019
Tags EITC, Tax Fairness, Taxes
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