“Governor Mills’ budget comes up short for workers and families,” says MECEP President and CEO Garrett Martin. “While Mainers struggle with soaring costs, wealthy people and multinational corporations get a free pass. This budget would make it harder to find affordable child care and health care, leaving vital workers undervalued and underpaid. We can do better. When the wealthy pay their fair share, we can ensure the people who care for our kids and older folks earn a wage they deserve.”
MECEP looks forward to working with legislators to advance proposals for a fairer and more sustainable tax system that brings in robust revenues and avoids cuts in the future, including:
- Creating a “millionaire’s tax” to raise over $200 million next biennium
- Raising the real estate transfer tax on higher priced homes to raise tens of millions of dollars
- Increasing the corporate income tax to raise close to $100 million
- Ending ineffective subsidies for wealthy corporations to raise over $100 million
Find more information about these proposals in MECEP’s recent policy brief.
