Taxes and Budget Proposed family caregiver credit would recognize Mainers for millions of hours of unpaid labor Maine’s patchwork system of professional caregivers is inadequate to meet the needs of every resident with long-term care needs. To fill these needs, Mainers step up to […] Sarah Austin Posted February 6, 2020 Tags Caregiving, Wages
Taxes and Budget REPORT: Corporations' offshore tax haven abuse costs Mainers millions of dollars 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 February 5, 2020 Tags Revenue, Tax Fairness, Taxes
Taxes and Budget Up to $6,885 available for low-income, working Mainers — but only if they file their taxes Our economy does better when working people can afford the basics. One tool that helps is the Earned Income Tax Credit, a tax break for low- and […] Sarah Austin Posted January 31, 2020 Tags EITC, Income Tax, Taxes
Taxes and Budget Policy Brief: Big-box stores roll out 'dark store theory' for tax avoidance in Maine Walmart, Lowe’s and others are pushing the dubious ‘dark store theory’ to manipulate property valuations and win tax cuts, leaving local budgets and other taxpayers holding the […] Sarah Austin Posted October 31, 2019 Tags Property Tax, Tax Breaks
Taxes and Budget Policy Brief: Maine reaches new milestone in tax fairness A fair tax system asks those who benefit the most from our economy to contribute proportionately toward investments that ensure future generations can also thrive. But since […] Sarah Austin Posted September 4, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Federal Working Families Tax Relief Act would boost incomes for 187,000 Maine households For many Americans with low incomes, it’s a constant challenge to keep up with expenses and provide for their kids’ basic needs. Many parents work hard but […] Sarah Austin Posted September 4, 2019 Tags Child Tax Credit, Children, EITC, Federal, Incomes, Tax Fairness, Taxes
Taxes and Budget Why bonding makes fiscal sense for Maine Mainers all benefit from statewide investments that strengthen our economy now and into the future, such as roads and bridges, broadband infrastructure, and the people- and technology-powered […] Sarah Austin Posted August 26, 2019 Tags Bonds, Infrastructure
Taxes and Budget Understanding Maine’s revenue surplus June 30 marks the end of the state’s fiscal year, meaning the state’s books for revenue and appropriations are settled and we know how well the state was able […] Sarah Austin Posted August 5, 2019 Tags Budget, Revenue, Taxes
Taxes and Budget Maine more than doubles its Earned Income Tax Credit, boosting incomes for the working poor With widening income inequality and rising cost of living, even Mainers who are working hard can find it difficult to make ends meet. Today, things got just […] Sarah Austin Posted June 27, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget As session winds down, lawmakers can still fight inequality, start un-rigging the tax code by fixing the estate tax Elected officials’ decisions to weaken our estate tax have perpetuated and exacerbated economic inequality in our state. It has delivered a massive tax break to the very […] Sarah Austin Posted June 14, 2019 Tags Estate Tax, Inequality, Tax Fairness