Taxes and Budget

New child tax credits offer lifeline for some Maine families

“This year’s expansion of the Child Tax Credit will help many Mainers make ends meet, but without action from Congress, the rug will be pulled out from […]

Portland Press Herald

Posted June 27, 2021

Tags Children, Economic Security, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Changes made to Child Tax Credit

“Those critical years of brain development under the age of 6 and even on up through the teenage years are vital to the long-term prospects of those […]

Fox Bangor

Posted June 22, 2021

Tags Children, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

MECEP statement on Maine Legislature's rejection of estate tax bill

AUGUSTA, MAINE — MECEP executive director Garrett Martin released the following statement regarding the Maine Legislature’s failure to pass LD 1524, “An Act To Amend the Maine […]

Posted June 16, 2021

Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Progressive group calls for permanent extension of enhanced child tax credit

Flaherty-Stanford, citing a projection from the Maine Center for Economic Policy, says the payments will bring more than $435 million into the state. “That’s money that’s going […]

WMTW

Posted June 15, 2021

Tags Children, Federal, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Wealth tax bill addresses defects in our tax code and would increase funding for local services and affordable housing

Ensuring fair taxation of wealth should always be a priority, and the pandemic has revealed just how important it is. Mostly low-wage workers on the frontlines of […]

Sarah Austin

Posted May 24, 2021

Tags Housing, Inequality, 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

Jobs and Income, Taxes and Budget

Speaker Fecteau’s bill would use 3-cent tax on top 1 percent to fund hazard payments for frontline workers

Maine’s pandemic experience has looked very different depending on where you stand in today’s economy. Essential frontline workers, many of whom were underpaid and experienced poor working […]

Sarah Austin

Posted May 12, 2021

Tags Coronavirus, Tax Breaks, Tax Fairness, Taxes, Wages

Taxes and Budget

‘Our wealthiest residents have never had it so good’: Bills aim to make tax code more fair

In her testimony, Sarah Austin, tax and budget policy analyst at the Maine Center for Economic Policy, noted that LD 1136 and LD 1443 would only impact the […]

Beacon

Posted May 7, 2021

Tags 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

Jobs and Income

Pine Tree Development Zones promised jobs but didn’t deliver. It’s time to end them.

In 2003, the Maine Legislature created Pine Tree Development Zones, a tax expenditure program designed to spur job creation in economically distressed areas of the state. The […]

Sarah Austin

Posted March 24, 2021

Tags Jobs, Tax Breaks, Taxes

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New child tax credits offer lifeline for some Maine families

Changes made to Child Tax Credit

MECEP statement on Maine Legislature's rejection of estate tax bill

Progressive group calls for permanent extension of enhanced child tax credit

Wealth tax bill addresses defects in our tax code and would increase funding for local services and affordable housing

Repealing tax cuts for the wealthiest estates would reduce inequality, fund investments in communities

Speaker Fecteau’s bill would use 3-cent tax on top 1 percent to fund hazard payments for frontline workers

‘Our wealthiest residents have never had it so good’: Bills aim to make tax code more fair

Bills to raise taxes on high incomes would fund long-term investments in people and communities

Pine Tree Development Zones promised jobs but didn’t deliver. It’s time to end them.