Taxes and Budget

Analyst: COVID relief provision seeks to ensure funds are spent on services, not tax cuts

The federal provision doesn’t entirely prevent state officials from cutting taxes. Some scenarios, such as slashing one tax but offsetting it with a tax increase, wouldn’t be […]

Beacon

Posted March 16, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

MECEP statement on passage of supplemental budget

AUGUSTA, MAINE — Garrett Martin, executive director of the Maine Center for Economic Policy, released the following statement in response to the Legislature’s approval early Friday morning of […]

Posted March 12, 2021

Tags Budget, Tax Breaks, Tax Fairness

Taxes and Budget

Maine’s proposed corporate tax break would be better spent on other priorities, advocates say

MECEP communications director Mario Moretto said that it is ill advised for legislators to consider a new tax break that will disproportionately benefit the corporations that have […]

Beacon

Posted February 18, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Maine doesn’t need a new special interest sales tax loophole

The Maine Legislature is considering a bill, LD 140, that would allow businesses that sell prepared food and beverages to keep one penny of the eight–cent sales tax on prepared foods. The bill would create […]

Sarah Austin

Posted February 9, 2021

Tags Budget, Tax Breaks, Taxes

Taxes and Budget

Double tax cut for PPP grants would compromise funding for Maine's recovery

AUGUSTA, Maine — Garrett Martin, executive director of the Maine Center for Economic Policy, released the following statement in response to the governor’s proposal to provide a […]

Posted February 9, 2021

Tags Budget, Tax Breaks, Taxes

Taxes and Budget

Gov. Mills offers compromise to give tax break to 99% of business loan recipients

Garret Martin, executive director of the Maine Center for Economic Policy, said the governor’s proposal creates a tax loophole and costs state revenue that could be better […]

Portland Press Herald

Posted February 9, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

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

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Analyst: COVID relief provision seeks to ensure funds are spent on services, not tax cuts

MECEP statement on passage of supplemental budget

Maine’s proposed corporate tax break would be better spent on other priorities, advocates say

Maine doesn’t need a new special interest sales tax loophole

Double tax cut for PPP grants would compromise funding for Maine's recovery

Gov. Mills offers compromise to give tax break to 99% of business loan recipients

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

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

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

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