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Taxes and Budget

Gov. Janet Mills vetoes income tax changes, clean energy workforce bills

While Republicans have been pushing for years for lower income tax rates, progressive groups have been calling for higher taxes on the wealthiest Mainer residents. Garrett Martin, […]

Maine Public
Posted April 26, 2024
Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget

Janet Mills vetoes a Republican’s proposal to raise income tax rates on wealthier Mainers

Garrett Martin, president and CEO of the liberal Maine Center for Economic Policy, said Mills “missed a valuable opportunity to add fairness to Maine’s tax code.” Martin […]

Bangor Daily News
Posted April 26, 2024
Tags Income Tax, 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

Taxes are complicated, but the way we think about tax policy doesn’t have to be

When we all pitch in to pay for the services and infrastructure that build a thriving economy, everyone benefits. But if some people and corporations don’t pay […]

MECEP
Posted April 14, 2023
Tags Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget

It’s time to shine a light on corporate tax avoidance

When corporations don’t pay what they owe in taxes, Maine people, communities, and small businesses end up footing the bill. As Maine Center for Economic Policy has […]

Maura Pillsbury
Posted April 10, 2023
Tags Corporate Power, Economy, Income Tax, Inequality, Tax Breaks, Tax Fairness
Taxes and Budget

Impacts of proposed income tax rate reduction

House and Senate Republicans are demanding income tax cuts be part of the budget, and Democrats in the legislature were right to make sure they didn’t have […]

MECEP
Posted March 29, 2023
Tags Income Tax, Inequality, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

MECEP reaction to State of the Budget address

Maine Center for Economic Policy (MECEP) president and CEO Garrett Martin reacts to Governor Mills’ State of the Budget address: “State budget choices can change lives. Maine […]

Posted February 15, 2023
Tags Budget, Corporate Power, Economic Security, Economy, Family and Medical Leave, Income Tax, Tax Fairness, Taxes
Maine’s Economy

How they met economic challenges gives a glimpse into the major candidates for governor

The idea was to give more money back to Mainers, but getting rid of the income tax entirely has met resistance from fellow Republicans in the past. And the move […]

The Maine Monitor
Posted October 9, 2022
Tags Economic Security, Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget

Tax freeze program fails to focus on older Mainers who need it most

All older Mainers deserve access to safe and affordable housing, without the fear of being unable to pay their bills or losing their home as they age. […]

Maura Pillsbury
Posted September 8, 2022
Tags Economy, Housing, Income Tax, Incomes, Property Tax, Seniors, Taxes
Taxes and Budget

The coming tax debate between Janet Mills and Paul LePage

LePage wants to supercharge this idea in his first year, telling WMTW he would begin his plan to phase out Maine’s income tax by exempting all pension income from […]

Bangor Daily News
Posted September 2, 2022
Tags Budget, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
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