Taxes and Budget

Lawmakers should reject scheme to turn PPP into double tax cuts for profitable businesses

Maine’s top priority for a robust, fair COVID recovery must be to provide relief to struggling families and make investments in schools, communities, infrastructure, and services that will […]

Sarah Austin

Posted January 27, 2021

Tags Budget, Coronavirus, Federal, Revenue, Tax Breaks, Taxes

Taxes and Budget

Tax Policy Options: Maine needs progressive revenue solutions to build a stronger, fairer future

Download the PDF version Download The incoming Legislature has the opportunity to address longstanding problems in the state’s tax code that have made life harder for Maine […]

Sarah Austin

Posted January 27, 2021

Tags Budget, Estate Tax, Income Tax, Revenue, Sales Tax, Tax Fairness, Taxes

Maine’s Economy

Bipartisan plan from Collins, King represents a better start for COVID relief than GOP ‘skinny’ bill

Tens of thousands of Mainers continue to face hardship during the ongoing pandemic and economic crisis and will face an even bleaker winter if Congress does not pass a new round of […]

James Myall

Posted December 3, 2020

Tags Coronavirus, Economic Security, Federal, Food Insecurity, Housing, Revenue, Unemployment

Taxes and Budget

Slashing state budget would slow Maine’s recovery, report warns

If state lawmakers take the same path that their predecessors took in the aftermath of the Great Recession, Maine may once again see a slower recovery from […]

Beacon

Posted September 30, 2020

Tags Budget, Revenue, Taxes

Taxes and Budget

Severe recession, without aid, could shrink Maine government revenue for years

The potential for a deep, prolonged recession has sparked more calls from some analysts and Maine’s congressional delegation for federal stimulus that includes local government funding to […]

Portland Press Herald

Posted September 28, 2020

Tags Budget, Federal, Recession, Revenue

Taxes and Budget

REPORT: Solving Maine’s Pandemic Revenue Crisis

States that responded to the Great Recession by maintaining or increasing state jobs and spending outperformed states, such as Maine, that responded with layoffs and spending cuts. […]

Sarah Austin

Posted September 28, 2020

Tags Budget, Coronavirus, Revenue, Taxes

Taxes and Budget

Both spending cuts and revenue increases must be considered to balance budget

New research from the left-leaning Maine Center for Economic Policy shows that lowering taxes doesn’t necessarily spur economic activity. For example, after the 2008 recession, five states, including Maine, […]

Bangor Daily News

Posted September 14, 2020

Tags Budget, Revenue, Taxes

Taxes and Budget

Proposal to close state's $538M revenue shortfall includes call for more federal support

Garrett Martin, executive director of the Maine Center for Economic Policy, said that the proposal “is a good attempt to bridge the revenue gap in the current […]

MaineBiz

Posted September 11, 2020

Tags Budget, Coronavirus, Federal, Recession, Revenue

Taxes and Budget

State finance department makes recommendations to curtail lost revenue

With state revenue down more than $500 million due to COVID-19, the Department of Administrative and Finance Services have passed along a few suggestions to Governor Janet […]

Fox Bangor

Posted September 10, 2020

Tags Budget, Revenue

Taxes and Budget

RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm

Supporters of tax cuts often claim they will directly boost economic activity. A large body of research refutes this argument. In a comprehensive review of four decades […]

MECEP

Posted August 18, 2020

Tags Budget, Economy, Recession, Revenue, Taxes

Filter by Category

Filter by Resource Type

Filter by Author

Filter by Tags

Filter by Feature Research

Lawmakers should reject scheme to turn PPP into double tax cuts for profitable businesses

Tax Policy Options: Maine needs progressive revenue solutions to build a stronger, fairer future

Bipartisan plan from Collins, King represents a better start for COVID relief than GOP ‘skinny’ bill

Slashing state budget would slow Maine’s recovery, report warns

Severe recession, without aid, could shrink Maine government revenue for years

REPORT: Solving Maine’s Pandemic Revenue Crisis

Both spending cuts and revenue increases must be considered to balance budget

Proposal to close state's $538M revenue shortfall includes call for more federal support

State finance department makes recommendations to curtail lost revenue

RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm