Maine’s Economy, Taxes and Budget Brief: Tax Policy Solutions for 2025 and Beyond READ THE BRIEF At a glance Maine’s tax code is inadequate for current and future needs. Policies since 2011 have favored the wealthy and corporations, reducing resources […] Maura Pillsbury Posted November 21, 2024 Tags Economic Security, Economy, Estate Tax, Income Tax, Property Tax, Sales Tax, Tax Fairness, Taxes
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 Direct File advances tax fairness – Maine should opt in For years, advocates have called for a free tax filing system to allow Americans to directly file their taxes with the IRS. But the powerful lobby of […] Maura Pillsbury Posted July 10, 2024 Tags Tax Fairness, Taxes
Taxes and Budget Tax policy hits and misses in the 2024 legislative session The second session of the 131st legislature delivered some surprising tax policy proposals and outcomes. From a bipartisan proposal to raise taxes on wealthy households to a […] Maura Pillsbury Posted April 26, 2024 Tags Corporate Power, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget 8 reasons to call foul on a Sea Dogs tax subsidy With so many other unmet needs in our state, Maine taxpayer dollars should not be used to subsidize a privately owned sports management company. LD 2258, “An […] Maura Pillsbury Posted March 20, 2024 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget The case for corporate transparency Mainers work hard to support themselves and their communities. They pay taxes to fund the services communities need to thrive, like education, health care, and infrastructure. But […] Maura Pillsbury Posted March 12, 2024 Tags Budget, Corporate Power, Tax Breaks, Tax Fairness
Taxes and Budget People with low- and middle-income fare better under Maine’s tax system The Institute on Taxation and Economic Policy (ITEP) released its updated Who Pays? report today, highlighting how state tax systems across the country, including Maine’s, impact income […] Maura Pillsbury Posted January 9, 2024
Taxes and Budget Business tax giveaways to watch in 2024 Each year the state of Maine gives away millions of public dollars in subsidies to businesses in the form of tax breaks. Often these tax breaks are […] Maura Pillsbury Posted December 5, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Hollywood strike highlights unfairness of film tax subsidies As the Hollywood actors strike continues, it’s a stark reminder that all workers are essential, and no industry can operate without them. The Screen Actors Guild and […] Maura Pillsbury Posted October 3, 2023 Tags Corporate Power, Economy, Employment, Job Quality, Tax Breaks, Unions, Wages
Taxes and Budget Good Jobs First finds business subsidies contribute to racial and wealth inequality For years, research organization Good Jobs First has been at the forefront of examining the impacts of using public money to subsidize wealthy corporations. Now in a […] Maura Pillsbury Posted September 7, 2023 Tags Budget, Inequality, Racial Equity, Tax Breaks, Taxes