Policy Brief: To address wealth inequality, Maine must strengthen its estate tax

More and more of society’s wealth is concentrated in the hands of a few families. At the same time, taxes that target the wealthy have been slashed, […]

Sarah Austin

Posted February 27, 2020

Tags Estate Tax, Inequality, Revenue, Tax Fairness, Taxes

Taxes and Budget

Report: Large corporations abusing offshore tax havens cost Maine $52 million annually

Massive corporations like Google, Apple, and Exxon Mobil are avoiding their fair share of taxes by using shell companies in offshore tax havens, costing Maine $52 million […]

The Center Square

Posted February 20, 2020

Tags Revenue, Tax Breaks, Taxes

Taxes and Budget

Report says Maine losing $52 million a year to overseas tax havens

The Maine Center for Economic Policy said that overseas tax havens mean companies like Apple pay lower or no taxes abroad on profits actually made here. “Businesses […]

Fox Bangor

Posted February 11, 2020

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

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

Tax breaks may be better spent elsewhere

The evidence suggests that instead of giving millions to profitable corporations, Maine could better spend that money on public investments that truly benefit communities and the economy […]

Central Maine Newspapers

Posted January 22, 2020

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

Maine’s Economy

Maine politics: A conversation with five local legislators

For some expert advice on Maine’s fiscal health, let’s turn to Sarah Austin, a policy analyst for the nonpartisan group, the Maine Center for Economic Policy (and of […]

The Town Line

Posted December 11, 2019

Tags Budget, Economic Security, Economy, Revenue

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

Maine’s Economy, Taxes and Budget

Why progressives can’t stop pushing Maine Democrats

Tax cuts passed under LePage have cost the state $864 million in lost revenuewhich, according to the Maine Center for Economic Policy, has been distributed moslty to the […]

Beacon

Posted July 12, 2019

Tags Revenue, Taxes

Taxes and Budget

Maine Lawmakers Grant Some Tax Relief, But Taxpayers May Not See Much Of A Benefit

But Sarah Austin, an analyst with the progressive Maine Center for Economic Policy, says local municipal officials are scrambling to find a way to pay for unmet […]

Maine Public

Posted July 10, 2019

Tags Revenue, Taxes

Taxes and Budget

STATEMENT: Budget deal fails to address persistent state revenue challenges

CONTACT Mario Moretto mario@mecep.org 207-620-1101 AUGUSTA, Maine — Garrett Martin, executive director of the Maine Center for Economic Policy, released the following statement in reaction to the biennial budget deal […]

Posted June 12, 2019

Tags Budget, Revenue

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Policy Brief: To address wealth inequality, Maine must strengthen its estate tax

Report: Large corporations abusing offshore tax havens cost Maine $52 million annually

Report says Maine losing $52 million a year to overseas tax havens

REPORT: Corporations' offshore tax haven abuse costs Mainers millions of dollars

Tax breaks may be better spent elsewhere

Maine politics: A conversation with five local legislators

Understanding Maine’s revenue surplus

Why progressives can’t stop pushing Maine Democrats

Maine Lawmakers Grant Some Tax Relief, But Taxpayers May Not See Much Of A Benefit

STATEMENT: Budget deal fails to address persistent state revenue challenges