Taxes and Budget Highway fund shortfall highlights the need for sustainable revenue solutions At a glance: Maine is struggling to fund road improvements and support for communities because it isn’t bringing in enough money to keep up with rising costs […] James Myall Posted December 19, 2024 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget MECEP statement on revised revenue forecast Maine’s Revenue Forecasting Committee met today to discuss preliminary numbers for their December 1 revenue forecast, which helps policymakers determine the anticipated resources available for Maine’s biennial […] Posted November 25, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Gov. Mills vows lean budget in light of projected revenue shortfall The progressive research organization Maine Center for Economic Policy would like to see reforms to Maine’s tax code to close the gap, while maintaining funding levels for education, […] Maine Morning Star Posted November 25, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget As Mills administration plans to ‘get to zero’ on new spending, advocates say a fairer tax code is the way ahead But that’s the wrong way to look at the situation, says economic analyst James Myall of the Maine Center for Economic Policy (MECEP), in a recent blog post. […] Beacon Posted November 21, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Wednesday Sit-Down: Maine's looming 'structural' budget gap In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS 13 to discuss Maine’s looming “structural” budget gap. […] WGME Posted October 16, 2024 Tags Budget, Revenue, Wednesday Sit Down
Taxes and Budget New budget projections highlight the need to get serious about raising revenue Update: Read MECEP’s November 25, 2024 statement on the revised revenue forecast. At a glance: Projected budget shortfalls are nothing new Ultimately lawmakers must work with the […] James Myall Posted October 7, 2024 Tags Budget, Direct Care Work, Education, Health Care, K-12 Education, Medicaid, Revenue
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 Monopoly League Baseball As DBH has grown it’s been boosted, in part, by public taxpayers. In the three years DBH has been in operation, DBH-owned teams have extracted nearly $300 […] The Lever Posted September 12, 2024 Tags Budget, Local, Revenue, Tax Breaks, Tax Fairness
Taxes and Budget From Augusta – Prioritizing policies that support Maine families Amid the rising costs making it harder for folks to make ends meet, lawmakers boosted tax credits for working families. In the first regular session, I voted […] Portland Press Herald Posted August 1, 2024 Tags Budget, Revenue, Taxes
Maine’s Economy, Taxes and Budget Undocumented immigrants contribute millions in taxes to Maine A new report from the Institute for Taxation and Economic Policy (ITEP) confirms undocumented immigrants contribute to the strength of our economy and the health of public […] James Myall Posted July 31, 2024 Tags Federal, Immigration, Revenue, Taxes