Taxes and Budget Report: Maine bears staggering social, monetary costs associated with drug criminalization A new report from the ACLU of Maine and the Maine Center for Economic Policy finds that prosecution and incarceration associated with drug use and possession are costing […] Maine Public Posted March 21, 2022 Tags Budget, Revenue, Taxes
Taxes and Budget Ending tax haven abuse in Maine By cleaning up loopholes in the corporate tax code that help corporations hide their US profits offshore, Maine can level the playing field for Main Street businesses […] Sarah Austin Posted February 17, 2022 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget MECEP statement on LD 327, An Act To Return Surplus Money to Maine Taxpayers AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) is releasing the following statement in opposition to LD 327, An Act To Return Surplus Money to Maine […] Posted January 12, 2022 Tags Coronavirus, Economic Security, Revenue, Tax Fairness, Taxes
Taxes and Budget Improvements recommended to tax expenditure review process A bipartisan group of lawmakers have agreed to recommendations to strengthen Maine’s tax code. At issue is how to ensure that spending through the tax code in […] Maura Pillsbury Posted January 11, 2022 Tags Economic Security, Revenue, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Lawmakers should use surplus revenue to help Mainers who need it most “Policies that get cash in the hands of the households that need it most have been central to reducing economic harm and fueling a faster recovery. Maine lawmakers, following the […] Bangor Daily News Posted December 21, 2021 Tags Budget, Economic Security, Economy, Inequality, Racial Equity, Revenue, Seniors, Tax Fairness, Taxes
Taxes and Budget Higher taxes on corporations and the wealthiest can secure a lasting recovery for Maine “The Build Back Better legislation offers our members of Congress and senators a chance to deliver real results for Mainers. It’s a chance to lift children out of […] Bangor Daily News Posted September 6, 2021 Tags Budget, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Story of the Session: the fight for tax fairness Mixed success The 130th Maine Legislature’s record on tax fairness is mixed. During one of the most chaotic and turbulent sessions in recent memory, the legislature was […] Ryan Tipping Posted August 16, 2021 Tags Budget, EITC, Estate Tax, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Legislature forms working group on tax expenditure review process The Maine Legislature is forming a working group to evaluate the State’s process for reviewing tax expenditures – a broad set of policies and programs that have […] Maura Pillsbury Posted July 29, 2021 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Repealing tax cuts for the wealthiest estates would reduce inequality, fund investments in communities Our communities and are state are stronger when all Mainers and Maine families have equal opportunities to thrive. But growing inequality is a barrier to opportunity for […] Sarah Austin Posted May 13, 2021 Tags Estate Tax, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Bills to raise taxes on high incomes would fund long-term investments in people and communities The wealthiest households in Maine have benefitted greatly from recent state and federal tax cuts. The top 1 percent receive over $50,000 a year in tax cuts […] Sarah Austin Posted May 6, 2021 Tags Budget, Income Tax, Revenue, Tax Breaks, Tax Fairness, Taxes