Maine’s Economy, Taxes and Budget Brief: Tax Policy Solutions for 2025 and Beyond READ THE BRIEF At a glance Maine’s tax code is inadequate for current and future needs. Policies since 2011 have favored the wealthy and corporations, reducing resources […] Maura Pillsbury Posted November 21, 2024 Tags Economic Security, Economy, Estate Tax, Income Tax, Property Tax, Sales Tax, Tax Fairness, Taxes
Taxes and Budget Legislature shouldn’t give up on fixing highway funding As of 2023, the Maine legislature has chosen to divert just over $100 million annually on an ongoing basis from the state’s general fund by dedicating 40 […] James Myall Posted March 14, 2024 Tags Budget, Revenue, Sales Tax, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget About that tax ranking… Note: Updated April 15, 2024 As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” […] MECEP Posted May 30, 2023 Tags Budget, Child Tax Credit, EITC, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes
Taxes and Budget A recent history of Maine’s swiftly evolving tax code For most of the 1990s and 2000s, Maine’s tax code remained relatively stable. Corporate and income tax rates were unchanged and except for modifications to how the […] Sarah Austin Posted August 4, 2022 Tags Budget, EITC, Income Tax, Property Tax, Revenue, Sales Tax, Tax Fairness, 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
Taxes and Budget Commentary: Local-option tax the wrong solution to Maine communities’ funding challenges Over the past decade, choices in the Legislature have caused roughly $720 million worth of budget shortfalls in towns and cities across Maine. This year, lawmakers should […] Portland Press Herald Posted April 11, 2019 Tags Local, Sales Tax, Tax Fairness, Taxes
Taxes and Budget Policy Brief: Why Maine lawmakers should reject the Local Option Sales Tax Summary: Communities in every corner of the state have suffered from underfunding of education and local services. The symptoms of cuts to communities are greater pressure on […] Sarah Austin Posted April 2, 2019 Tags Local, Sales Tax, Taxes
Taxes and Budget Maine Mayors Push to Allow Local Sales Taxes The Maine Center for Economic Policy (MECEP) is a left-leaning lobbying group that urged lawmakers to vote no on allowing local sales taxes at a hearing in […] NECN Posted March 28, 2019 Tags Local, Sales Tax, Taxes
Taxes and Budget Guest Blog: Who pays and why it matters Aidan Davis, senior policy analyst at the Institute on Taxation and Economic Policy, delivered the following keynote address at MECEP’s 2019 Policy Insights Conference. We’re grateful to […] MECEP Posted January 22, 2019 Tags Income Tax, Property Tax, Sales Tax, Tax Fairness, Taxes
Taxes and Budget Maine's Sales Tax Modernization was Right Choice New Report Shows Other States Considering Similar Reform Augusta: Maine’s decision to modernize its sales tax is a sound move that several other states are considering […] Posted August 10, 2009 Tags Sales Tax, Taxes