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 8 things to know about federal funding in Maine Federal government spending strengthens communities, improves quality of life, and boosts the overall economy. In Maine, it helps pay for roads, bridges, schools, public safety, and health […] James Myall Posted March 3, 2025 Tags Budget, Federal, Trump Tax Cuts
Health Care, Jobs and Income, Maine’s Economy, Taxes and Budget Proposed Medicaid cuts put Maine families’ incomes at risk At a glance: Proposed Medicaid cuts could affect over 400,000 Mainers, especially children, older adults, and families with low income, reducing access to essential health care and […] Megan Michaud Posted February 21, 2025 Tags Budget, Health Care, Incomes, Inequality, Medicaid, Tax Breaks, Tax Fairness, Taxes, TCJA, Trump Tax Cuts
Maine’s Economy, Taxes and Budget Canadian boycott could hurt Maine’s tourism economy Relations between the United States and Canada have deteriorated rapidly in the wake of threats by President Trump ranging from imposing tariffs to outright annexation. In response […] James Myall Posted February 20, 2025 Tags Budget, Economy, Revenue, Trump Tax Cuts
Health Care, Taxes and Budget Congressional Republican plan threatens health insurance affordability for Mainers Congressional Republicans are pushing for tax cuts for the wealthiest Americans — and they plan to pay for them by letting health insurance subsidies expire. If Congress […] James Myall Posted February 11, 2025 Tags Budget, Federal, Health Care, Trump Tax Cuts
Health Care Trump plans risk health coverage for Mainers and would cost the state millions At a glance: Plans to cut Medicaid include ending its expansion under the Affordable Care Act, reducing federal funding, introducing block grants (a fixed amount of money), […] James Myall Posted December 6, 2024 Tags Affordable Care Act, Health Care, Medicaid, Trump Tax Cuts
Taxes and Budget Tax Cuts and Jobs Act expiration is a chance for Tax Fairness to flourish At a glance: The Tax Cuts and Jobs Act (TCJA) of 2017 expires in 2025, offering Congress a chance to reshape tax policy and reverse regressive measures […] Maura Pillsbury Posted September 13, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget Early victory for tax fairness as Maine clamps down on corporate tax loopholes Last week, the Legislature took a positive step toward tax fairness by closing a loophole in Maine’s tax code that gives corporations a tax break based on their foreign sales. As part of the […] Mario Moretto Posted March 17, 2021 Tags Revenue, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget Anti-'Tax Havens' bill gets new look as effort to close corporate loophole from Trump Tax Cuts Corporations depend on things like an educated workforce, consumers with enough income to pay for services and products, and infrastructure that facilitates commerce. As a state and […] Sarah Austin Posted March 2, 2020 Tags Tax Breaks, Taxes, Trump Tax Cuts
Taxes and Budget Two years later, Trump Tax Cuts are a proven failure Two years ago, today, the US Senate enacted the “Tax Cuts and Jobs Act,” or TCJA, known more commonly as the Trump Tax Cuts. The $1.9 trillion […] Mario Moretto Posted December 20, 2019 Tags Trump Tax Cuts
