Taxes and Budget Maine tax credit data leads to questions about effectiveness of programs The programs’ effect on future economic progress or job creation is an open question. “What we do know is that the revenue lost to these tax breaks […] The Center Square Posted November 19, 2019 Tags Economy, Tax Breaks
Taxes and Budget Walmart, Lowe’s among big retailers scheming to avoid Maine property taxes In a scheme that could lead to millions of dollars in lost revenue for Maine communities, behemoth retailers like Walmart, Lowe’s and Home Depot are looking to […] Beacon Posted November 2, 2019 Tags Property Tax, Tax Breaks
Taxes and Budget Policy Brief: Big-box stores roll out 'dark store theory' for tax avoidance in Maine Walmart, Lowe’s and others are pushing the dubious ‘dark store theory’ to manipulate property valuations and win tax cuts, leaving local budgets and other taxpayers holding the […] Sarah Austin Posted October 31, 2019 Tags Property Tax, Tax Breaks
Taxes and Budget NEW REPORT: Big-box stores roll out new effort to get out of Maine property taxes Large retailers are pushing ‘dark store theory’ to manipulate property valuations, shortchanging town budgets and leaving other taxpayers holding the bill AUGUSTA, Maine — Large retail chains are […] Posted October 31, 2019 Tags Property Tax, Tax Breaks
Taxes and Budget Walmart appeals to state for massive tax breaks for Thomaston store “Across the country, the large retailers that own big-box stores have used this dubious legal theory to challenge local assessments, arguing they should be taxed as if their properties […] Sun Journal Posted October 31, 2019 Tags Local, Property Tax, Tax Breaks
Maine’s Economy LePage, Moody and Poliquin gather at Republican forum to boost Trump, bash Mills But Mario Moretto, a spokesman for the left-leaning Maine Center for Economic Policy, disputed the Republican characterization of the impact of the Trump tax cuts. “The Trump […] Portland Press Herald Posted August 22, 2019 Tags Federal, Tax Breaks, Taxes
Taxes and Budget Eye on Augusta: Legislature Passes a Budget, Defeats Gun Control Bills, Pushes Forward Monhegan Wind Project & More Progressives decried the budget for not funding several bills that passed both houses and are now languishing on the Appropriations table — such as LD 1689, which […] The Free Press Posted June 20, 2019 Tags Budget, Tax Breaks, Tax Fairness
Maine’s Economy Maine Exhales LePage destroyed the institutional capacity of Maine state government to do its job. The recovery from this epic maladministration will take years. With a Republican legislature backing […] The American Prospect Posted June 12, 2019 Tags Revenue, Tax Breaks, Taxes
Taxes and Budget Maine progressives can claim big victories this year, but that does not mean they are satisfied Democratic bills were introduced to undo some of the tax cuts, but Mills’ pledge affected the two-year budget process in such a way that no tax increase […] Bangor Daily News Posted June 6, 2019 Tags Budget, Revenue, Tax Breaks
Taxes and Budget Tax breaks for wealthy may beat out health, education, opioid response in Maine budget The administration’s proposal did not call for repealing the LePage-era tax breaks for high-income earners, and the committee is not likely to pursue other sources of new […] Beacon Posted June 5, 2019 Tags Tax Breaks