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Taxes and Budget

On Tax Day, Mainers rally against tax breaks for the wealthy

Advocates for tax reform under the coalition Mainers for Tax Fairness gathered at the State House in Augusta to voice their objections to Congress advancing a budget […]

Maine Morning Star
Posted April 15, 2025
Tags Budget, Inequality, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Lawmakers push to increase state child income tax credit to support Maine families

According to the Maine Center for Economic Policy, 12.6 percent of children in Maine live in poverty. Click here to watch the full video, first posted April […]

NewsCenter Maine
Posted April 8, 2025
Tags Budget, Child Tax Credit, Children, Taxes
Taxes and Budget

Bipartisan lawmakers, educators, parents push to expand Maine’s child tax credit

Garrett Martin, president and CEO of the Maine Center for Economic Policy, called the child tax credit expansion a smart economic move for Maine, citing research that […]

Maine Morning Star
Posted April 8, 2025
Tags Budget, Child Tax Credit, Children, Taxes
Jobs and Income, Maine’s Economy, Taxes and Budget

Press conference to urge passage of LD 1294 to expand Maine’s child tax credit

Senate President Daughtry, advocates, and families urge passage of LD 1294 to expand Maine’s child tax credit Pictured left to right: Tabetha Thomas, Jess Charrier, Garrett Martin, […]

Posted April 7, 2025
Tags Child Tax Credit, Economic Security, Economy, Tax Fairness, Taxes
Taxes and Budget

Bill could double child tax credit for Maine families

The most recent poverty report from the Maine Center for Economic Policy shows that in 2023, Maine’s child poverty rate, 12.6%, remained “historically low.” Advocates at the press conference said they […]

WMTW
Posted April 7, 2025
Tags Budget, Child Care, Child Tax Credit, Taxes
Taxes and Budget

Parents of Maine young children could have increased tax credit under proposed legislation

“We’ve seen it work,” added President and C.E.O. of Maine Center for Economic Policy Garrett Martin. “When the federal child tax credit was expanded during the pandemic, […]

WABI
Posted April 7, 2025
Tags Budget, Child Tax Credit, Children, Taxes
Taxes and Budget

Wednesday Sit-Down: Will tax cuts balloon federal deficit?

In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to talk about will tax cuts balloon federal […]

WGME
Posted April 3, 2025
Tags Budget, Economy, Federal, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down
Taxes and Budget

Feds threaten to blow a $649 million hole in Maine’s state budget

At a glance:  Congress and President Trump are considering cutting federal funds to states, primarily to finance tax cuts for the wealthy, with Maine facing a potential […]

James Myall
Posted April 3, 2025
Tags Budget, Education, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget

Tax on Maine millionaires heard in committee

“We’re facing a budget shortfall, and there’s going to be some difficult decisions the legislature has to make. Either about making cuts to programs or raising additional […]

WABI
Posted March 26, 2025
Tags Budget, Revenue, Tax Breaks, Taxes
Taxes and Budget

Raise taxes on Maine’s wealthy? Some of them are OK with that

The bills heard Wednesday were supported by a broad range of advocacy groups, including the Maine Women’s Lobby, Maine Equal Justice, Maine Center for Economic Policy and […]

Portland Press Herald
Posted March 26, 2025
Tags Budget, Revenue, Tax Fairness, Taxes
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