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Taxes and Budget

What’s in Governor Mills’ supplemental budget proposal

At a glance: The governor’s supplemental budget proposal uses surplus and Budget Stabilization Fund dollars to maintain current services, meet new federal requirements, fund one-time initiatives, and […]

James Myall
Posted February 10, 2026
Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Maine weighs plan to expand film tax credits

“Time and again evaluations of state programs with much larger film incentives than Maine’s have conclusively shown they are a bad investment that siphon millions of dollars […]

The Center Square
Posted January 12, 2026
Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Wednesday Sit-Down: Should Maine taxes follow feds?

In this week’s Wednesday Sit-Down, Maura Pillsbury, an analyst with the Maine Center for Economic Policy, sits down with CBS13 to discuss whether state lawmakers should conform […]

WGME
Posted January 8, 2026
Tags Budget, Federal, Taxes, Wednesday Sit Down
Taxes and Budget

Federal tax gimmicks will only help Maine’s rich

In response to Sen. Bruce Bickford’s Dec. 18 op-ed, full state conformity to HR 1 — the Republican megabill also called the One Big Beautiful Bill Act […]

Portland Press Herald
Posted December 31, 2025
Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Budget pressures facing lawmakers in January — and how to address them

December’s semi-annual revenue forecast for Maine’s general fund reported higher-than-expected revenues for the near future, predicting $250 million more over the next two years than the previous […]

James Myall
Posted December 19, 2025
Tags Budget, Economic Security, Education, Revenue, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Maine lawmakers have tools to stop the harms of the Republican reconciliation bill

The Republican megabill passed by Congress in July (HR 1, also known as the One Big Beautiful Bill Act) will severely impact Mainers. This bill is a […]

James Myall
Posted December 19, 2025
Tags Budget, Economic Security, Economy, Food Insecurity, Health Care, Medicaid, Revenue, SNAP, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Tax conformity decisions will shape Maine’s future (Part 2: Big business don’t need help, struggling Mainers do)

Many of Maine’s tax rules are tied to federal law, so when federal tax laws change, the state must decide whether to follow or set its own […]

Maura Pillsbury
Posted December 19, 2025
Tags Budget, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Tax conformity decisions will shape Maine’s future (Part 1: Maine shouldn’t fall for policy gimmicks)

Many of Maine’s tax rules are tied to federal law, so when federal tax laws change, the state must decide whether to follow or set its own rules. Following […]

Maura Pillsbury
Posted December 19, 2025
Tags Budget, Economic Security, Economy, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Maine Can Raise $133.9 Million with New Wealth Proceeds Tax

Taxing the proceeds generated by wealth — such as capital gains, dividends, and passive business income — through a new Wealth Proceeds Tax is a simple, shovel-ready way for Maine to raise hundreds of millions in new revenue […]

Posted October 30, 2025
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

Missed opportunities to advance tax fairness and create a better state

The State doesn’t have adequate funding for health care, housing, and many other pressing needs. The fairest way to fix this is by asking the wealthiest people […]

Maura Pillsbury
Posted October 16, 2025
Tags Budget, Child Care, Economic Security, Economy, Food Insecurity, Housing, Medicaid, SNAP, Tax Fairness, Taxes
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