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Taxes and Budget

Proposed ‘millionaire’s tax’ headed to Maine House and Senate

Groups supporting Golek’s bill include the Maine People’s Alliance, the Maine Center for Economic Policy and Maine Equal Justice. In addition to the “millionaire’s tax” they are […]

Spectrum News
Posted June 5, 2025
Tags Budget, Revenue, Tax Fairness, Taxes
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
Health Care, Taxes and Budget

I’m not on Medicaid — so why should I care about cuts to Medicaid?

Congress is currently considering major cuts to Medicaid and other programs. Changes to Medicaid, which provides health insurance for 1 in 5 Americans and 400,000 Mainers, would […]

Megan Michaud
Posted May 12, 2025
Tags Budget, Children, Health Care, Medicaid, Seniors, Taxes, Trump Tax Cuts
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