Maine’s Economy, Taxes and Budget Advocates say projected revenue surplus should be spent on housing, childcare and other social services “The state can use this surplus to remove barriers that currently hold people back from fully participating in and benefiting from our economy,” said Sarah Austin, director […] Maine Morning Star Posted November 29, 2023 Tags Budget, Child Care, Economic Security, Economy, Revenue
Taxes and Budget MECEP responds to revenue forecast Today, November 28, Maine’s Revenue Forecasting Committee met to discuss preliminary numbers for their December 1 revenue forecast. The governor and legislature use these forecasted figures in […] Posted November 28, 2023 Tags Budget, Revenue
Maine’s Economy, Taxes and Budget Maine expects $265 million budget surplus over 2 years MECEP Policy Director Sarah Austin called for additional investments in housing and wages for teachers, child care providers and direct care workers. “Maine has the resources to […] Portland Press Herald Posted November 28, 2023 Tags Budget, Child Care, Housing, Revenue
Taxes and Budget 5 things that matter to most Mainers in the state budget One of the groups not in favor of the Dirigo Business Incentive is the liberal Maine Center for Economic Policy, which argued it will primarily benefit large businesses and […] Bangor Daily News Posted July 3, 2023 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Maine Democrats begin crafting another state budget over Republican opposition Major pieces of a potential Democratic-only budget were still unclear on Saturday. Mills’ proposal included major items mostly swept out of the last spending plan, including $80 […] Bangor Daily News Posted June 24, 2023 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Commentary: Business incentive tax giveaway not the program Maine needs It’s no secret that Maine is facing a critical workforce shortage. A 2022 survey of Maine businesses conducted by the Maine State Chamber of Commerce and the […] Portland Press Herald Posted June 18, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Lawmakers should invest in the needs of Maine families Instead of facing these crises head on, Mills is proposing that the state spend $4.6 million to establish the new Dirigo Business Incentive Program, which would give money […] Bangor Daily News Posted June 2, 2023 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Proposed Dirigo business subsidy is a bad deal for Maine and could worsen inequality The Mills administration is rushing through a $55 million per year tax giveaway for businesses without proper vetting that could worsen inequality in Maine. As recently noted […] Maura Pillsbury Posted May 31, 2023 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Legislators can build on Governor’s change package to boost economic vitality for Maine families Governor Mills’ budget change package — which amends her prior budget proposal to align with more current revenue projections — lays a solid foundation for Maine. It […] Josie Phillips Posted May 18, 2023 Tags Budget, Child Care, Child Tax Credit, Housing, Inequality, Revenue, Tax Fairness, Taxes
Taxes and Budget Policy Brief: Are Tax Giveaways Worth the Money? Download the PDF version FULL REPORT SUMMARY Maine forgoes billions of dollars in revenue each year by giving out tax breaks. These tax giveaways are costly and […] Maura Pillsbury Posted May 1, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes