Taxes and Budget

House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers

New analysis by the Institute on Taxation and Economic Policy found provisions in a bill recently approved by the House Ways and Means Committee would improve tax fairness, boost incomes for a third of households in Maine, and increase taxes […]

Sarah Austin

Posted September 29, 2021

Tags Economic Security, Incomes, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Legislative watchdog finds Maine seed capital program needs fixing

Maine spends hundreds of millions of dollars each year in business tax incentives. Because allocating money for this purpose reduces potential investments in other priorities including education […]

Maura Pillsbury

Posted September 21, 2021

Tags Budget, Tax Breaks, Taxes

Taxes and Budget

Higher taxes on corporations and the wealthiest can secure a lasting recovery for Maine

“The Build Back Better legislation offers our members of Congress and senators a chance to deliver real results for Mainers. It’s a chance to lift children out of […]

Bangor Daily News

Posted September 6, 2021

Tags Budget, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Story of the Session: the fight for tax fairness

Mixed success The 130th Maine Legislature’s record on tax fairness is mixed. During one of the most chaotic and turbulent sessions in recent memory, the legislature was […]

Ryan Tipping

Posted August 16, 2021

Tags Budget, EITC, Estate Tax, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Improved Child Tax Credit benefits all Mainers

The Biden Administration’s expansion of the Child Tax Credit (CTC) provides guaranteed income to 90 percent of Maine families and will cut child poverty nearly in half. […]

MECEP

Posted August 10, 2021

Tags Children, Economic Security, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Legislature forms working group on tax expenditure review process

The Maine Legislature is forming a working group to evaluate the State’s process for reviewing tax expenditures – a broad set of policies and programs that have […]

Maura Pillsbury

Posted July 29, 2021

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Families start receiving Child Tax Credit

The Maine Center for Economic Policy says Congress should include an extension of the credit in the upcoming recovery bill. ”We really see this as a win-win-win […]

WABI

Posted July 20, 2021

Tags Children, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

What The Child Tax Credit Could Mean For Maine Families

Allina’s story is unfortunately, probably more common than it should be. The reality is, there are estimates that sort of suggests that it costs between $11,000 and […]

Maine Public

Posted July 16, 2021

Tags Children, Economic Security, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Improved Child Tax Credit long overdue for Maine families

Maine families will get a significant boost from the Biden Administration’s expansion and improvement of the Child Tax Credit (CTC). Starting in July, the families of 229,000 […]

MECEP

Posted July 1, 2021

Tags Children, Economic Security, Federal, Tax Breaks, Tax Fairness

Taxes and Budget

New child tax credits offer lifeline for some Maine families

“This year’s expansion of the Child Tax Credit will help many Mainers make ends meet, but without action from Congress, the rug will be pulled out from […]

Portland Press Herald

Posted June 27, 2021

Tags Children, Economic Security, Tax Breaks, Tax Fairness, Taxes

Tax Breaks

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House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers

Legislative watchdog finds Maine seed capital program needs fixing

Higher taxes on corporations and the wealthiest can secure a lasting recovery for Maine

Story of the Session: the fight for tax fairness

Improved Child Tax Credit benefits all Mainers

Legislature forms working group on tax expenditure review process

Families start receiving Child Tax Credit

What The Child Tax Credit Could Mean For Maine Families

Improved Child Tax Credit long overdue for Maine families

New child tax credits offer lifeline for some Maine families