Taxes and Budget Mills vetoes bill restructuring income tax brackets Garrett Martin, president and CEO of the Maine Center for Economic Policy, said in a statement Friday that the governor’s veto is a missed opportunity to add […] Portland Press Herald Posted April 28, 2024 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget Mills vetoes bill that would have taxed wealthy Mainers at higher rates In a statement following the veto, Garrett Martin, president and CEO at the Maine Center for Economic Policy, also said there wouldn’t have been much benefit to […] Maine Morning Star Posted April 26, 2024 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget Gov. Janet Mills vetoes income tax changes, clean energy workforce bills While Republicans have been pushing for years for lower income tax rates, progressive groups have been calling for higher taxes on the wealthiest Mainer residents. Garrett Martin, […] Maine Public Posted April 26, 2024 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget Janet Mills vetoes a Republican’s proposal to raise income tax rates on wealthier Mainers Garrett Martin, president and CEO of the liberal Maine Center for Economic Policy, said Mills “missed a valuable opportunity to add fairness to Maine’s tax code.” Martin […] Bangor Daily News Posted April 26, 2024 Tags Income Tax, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget The Child Tax Credit — An Explainer Updated February 1, 2024 The House recently passed a bipartisan tax package that would expand the federal Child Tax Credit. The legislation will next be considered by […] Karin Leuthy Posted January 24, 2024 Tags Child Tax Credit, Children, Economic Security, Economy, Explainer, Income Tax, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget About that tax ranking… Note: Updated April 15, 2024 As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” […] MECEP Posted May 30, 2023 Tags Budget, Child Tax Credit, EITC, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes
Taxes and Budget Taxes are complicated, but the way we think about tax policy doesn’t have to be When we all pitch in to pay for the services and infrastructure that build a thriving economy, everyone benefits. But if some people and corporations don’t pay […] MECEP Posted April 14, 2023 Tags Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget It’s time to shine a light on corporate tax avoidance When corporations don’t pay what they owe in taxes, Maine people, communities, and small businesses end up footing the bill. As Maine Center for Economic Policy has […] Maura Pillsbury Posted April 10, 2023 Tags Corporate Power, Economy, Income Tax, Inequality, Tax Breaks, Tax Fairness
Taxes and Budget Impacts of proposed income tax rate reduction House and Senate Republicans are demanding income tax cuts be part of the budget, and Democrats in the legislature were right to make sure they didn’t have […] MECEP Posted March 29, 2023 Tags Income Tax, Inequality, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget MECEP reaction to State of the Budget address Maine Center for Economic Policy (MECEP) president and CEO Garrett Martin reacts to Governor Mills’ State of the Budget address: “State budget choices can change lives. Maine […] Posted February 15, 2023 Tags Budget, Corporate Power, Economic Security, Economy, Family and Medical Leave, Income Tax, Tax Fairness, Taxes