Taxes and Budget RELEASE: No double-dip tax breaks for businesses that received PPP grants AUGUSTA, Maine — Powerful business special interests are pushing the state to enact a double-dip tax break scheme that would take $100 million away from Maine’s COVID […] Posted January 27, 2021 Tags Budget, Coronavirus, Federal, Tax Breaks, Taxes
Taxes and Budget Lawmakers should reject scheme to turn PPP into double tax cuts for profitable businesses Maine’s top priority for a robust, fair COVID recovery must be to provide relief to struggling families and make investments in schools, communities, infrastructure, and services that will […] Sarah Austin Posted January 27, 2021 Tags Budget, Coronavirus, Federal, Revenue, Tax Breaks, Taxes
Taxes and Budget Mills says she’ll seek ways to avoid state tax on businesses’ relief loans But the liberal Maine Center for Economic Policy said the state should reject a “double-dip tax break scheme” for businesses. The organization said making the loans tax-free […] Portland Press Herald Posted January 27, 2021 Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Tax Policy Options: Maine needs progressive revenue solutions to build a stronger, fairer future Download the PDF version Download The incoming Legislature has the opportunity to address longstanding problems in the state’s tax code that have made life harder for Maine […] Sarah Austin Posted January 27, 2021 Tags Budget, Estate Tax, Income Tax, Revenue, Sales Tax, Tax Fairness, Taxes
Taxes and Budget Officials Say Maine Can't Forgo Taxes From Paycheck Protection Funds. Republicans Are Crying Foul “The treatment in the change package is revenue neutral,” she says. “It is not a tax increase on businesses. It is submitting a double benefit.” Austin says […] Maine Public Posted January 25, 2021 Tags Budget
Taxes and Budget Mills’ budget proposal would tax Paycheck Protection Program funds as income Sarah Austin with the Maine Center for Economic Policy, a left-leaning organization that advocates for economic policies that help low-income Mainers, said many of the federal tax […] Portland Press Herald Posted January 25, 2021 Tags Budget
Taxes and Budget Lawmakers, advocates see Mills’ ‘flat’ budget as a starting point for negotiations The governor’s plan relies heavily on federal dollars for its COVID-19 health response and rebuilding from the economic crisis. Any federal relief that comes to the state […] Beacon Posted January 15, 2021 Tags Budget
Taxes and Budget Gov. Mills’ proposed budget analyzed Gov. Janet Mills presented a two-year $8.3 billion budget to the Legislature Friday, but analysts say there is room for growth. “We are now in a […] Fox Bangor Posted January 11, 2021 Tags Budget
Taxes and Budget MECEP statement on Governor’s budget AUGUSTA, Maine — MECEP executive director Garrett Martin released the following statement about the budget framework released today at noon by Gov. Janet Mills: “COVID has exposed […] Posted January 8, 2021 Tags Budget
Taxes and Budget Gov. Mills proposes $8.4 billion, 2-year budget that doesn’t raise taxes Garrett Martin, executive director of the left-leaning Maine Center for Economic Policy think tank, said the budget is a “strong foundation” for lawmakers. “By protecting jobs and […] Portland Press Herald Posted January 8, 2021 Tags Budget