Taxes and Budget

Lawmakers should invest in the needs of Maine families

Instead of facing these crises head on, Mills is proposing that the state spend $4.6 million to establish the new Dirigo Business Incentive Program, which would give money […]

Bangor Daily News

Posted June 2, 2023

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Proposed Dirigo business subsidy is a bad deal for Maine and could worsen inequality

The Mills administration is rushing through a $55 million per year tax giveaway for businesses without proper vetting that could worsen inequality in Maine. As recently noted […]

Maura Pillsbury

Posted May 31, 2023

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

Maine’s Economy, Taxes and Budget

About that tax ranking…

As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” are memorable and get a […]

MECEP

Posted May 30, 2023

Tags Budget, Child Tax Credit, EITC, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes

Taxes and Budget

Our View: Lawmakers should use child tax credit to boost next generation of Mainers

“The child tax credit has such a transformational impact on children’s lives that every dollar spent on the credit has a ten dollar return on investment to […]

Portland Press Herald

Posted May 26, 2023

Tags Child Tax Credit, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Legislators can build on Governor’s change package to boost economic vitality for Maine families

Governor Mills’ budget change package — which amends her prior budget proposal to align with more current revenue projections — lays a solid foundation for Maine. It […]

Josie Phillips

Posted May 18, 2023

Tags Budget, Child Care, Child Tax Credit, Housing, Inequality, Revenue, Tax Fairness, Taxes

Taxes and Budget

Effort to undo LePage’s estate tax cut for millionaires returns to Augusta

Between 1973 and 2015, according to the Maine Center for Economic Policy, the top 1% of Maine families captured 42% of all income growth, leaving just 57% for the […]

Beacon

Posted May 18, 2023

Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Podcast: Are corporate tax breaks worth it? Probably not.

As Gov. Janet Mills looks to “modernize” the Pine Tree Empowerment Zone corporate tax credit program, Esther and Ben are joined by Maura Pillsbury of the Maine […]

Beacon

Posted May 11, 2023

Tags Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Parents, advocates urge lawmakers to reduce poverty in Maine by expanding child tax credit

In Maine, the expanded federal program in 2021 provided increased funds for 142,000 families with 229,000 children — and like the proposed state program, it was refundable, […]

Beacon

Posted May 5, 2023

Tags Child Tax Credit, Tax Fairness, Taxes

Taxes and Budget

Some lawmakers call for more robust Maine Child Tax Credit

Advocates of the bill also say “CTC” will have long term benefits. “Research has shown that the child tax credit, every dollar we spend on it, generates […]

WGME

Posted May 4, 2023

Tags Child Tax Credit, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Key Maine lawmakers are optimistic about reaching a tax-cut deal

Going back to the era of former Gov. Paul LePage, Republicans have been focused on income tax cuts. Democrats have favored programs aiming to reduce property taxes. A child […]

Bangor Daily News

Posted May 4, 2023

Tags Budget, Tax Breaks, Tax Fairness, Taxes

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Lawmakers should invest in the needs of Maine families

Proposed Dirigo business subsidy is a bad deal for Maine and could worsen inequality

About that tax ranking…

Our View: Lawmakers should use child tax credit to boost next generation of Mainers

Legislators can build on Governor’s change package to boost economic vitality for Maine families

Effort to undo LePage’s estate tax cut for millionaires returns to Augusta

Podcast: Are corporate tax breaks worth it? Probably not.

Parents, advocates urge lawmakers to reduce poverty in Maine by expanding child tax credit

Some lawmakers call for more robust Maine Child Tax Credit

Key Maine lawmakers are optimistic about reaching a tax-cut deal