Taxes and Budget Maine ‘millionaire’s tax’ bill draws inspiration from fellow blue states Maura Pillsbury, tax policy analyst with the Maine Center for Economic Policy, said a similar tax in Massachusetts has added billions to its state coffers. “There are a lot […] Beacon Posted June 2, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Tax Committee passes progressive revenue bills to raise millions for important priorities The Maine Legislature’s Taxation Committee passed two progressive revenue bills last week that would raise millions of dollars to help fund important priorities in the next biennium. […] Maura Pillsbury Posted May 28, 2025 Tags Budget, Education, Tax Fairness, Taxes
Taxes and Budget Statement in response to committee passage of LD 1879: An Act to Support Maine's Agricultural Economy by Increasing Revenue from the Corporate Income Tax and Providing Property Tax Exemptions “This is an important step towards a win for Maine’s farmers and food producers. By adding a modest 1.07% tax on corporate income over $3.5 million, this […] Posted May 23, 2025 Tags Budget, Corporate Power, Revenue, Tax Fairness, Taxes
Taxes and Budget ‘Millionaire’s tax’ to fund k-12 education is a big step closer to becoming law Maine Center for Economic Policy tax analyst Maura Pillsbury says raising taxes for people at the top with bills like LD 1098 is vital. “The programs families rely on […] Beacon Posted May 23, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Poll: Majority of Mainers say support for GOP budget would hurt Collins in 2026 Maine Center of Economic Policy President and CEO Garrett Martin echoed Pingree. “Let’s be clear: this bill is an abomination,” Martin said. “It rips food off the […] Beacon Posted May 22, 2025 Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget MECEP statement on Millionaire Tax (LD 1089) passing out of tax committee “Mainers have made themselves loud and clear: they don’t want brutal cuts to child care, health care, or housing — and they do want a fairer tax […] Posted May 21, 2025 Tags Budget, Education, Revenue, Tax Fairness, Taxes
Taxes and Budget Poll: Mainers strongly back taxes on the wealthy, oppose cuts to health and child care Mainers have made it clear that they want a fairer tax system where the ultra-wealthy pay their share, said Garrett Martin, president and CEO of the Maine […] Beacon Posted May 20, 2025 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Why a millionaire tax makes sense for Maine Right now, lawmakers in Maine are making a big decision. They’re looking at a bill (LD 1089) that would create a “millionaire’s tax” — a 4 percent […] Bangor Daily News Posted May 13, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Wednesday Sit-Down: Budget battle in Augusta In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to talk about the budget battle in Augusta. […] WGME Posted May 7, 2025 Tags Budget, Revenue, Tax Fairness, Wednesday Sit Down
Taxes and Budget Lawmakers want to create tax credits to incentivize employers to provide child care Maura Pillsbury, tax policy analyst for the progressive Maine Center for Economic Policy, argued the state should instead reinforce and build on what it’s already done — […] Maine Morning Star Posted April 16, 2025 Tags Budget, Child Care, Tax Breaks, Tax Fairness, Taxes