Taxes and Budget

LePage income tax plan punishes poor while enriching wealthy Mainers, advocates say

However, economic reports show that LePage-style economics significantly increase taxes for the bottom 80% of Maine families while enriching the wealthiest. In some instances under LePage’s tax policies, Maine’s […]

Beacon

Posted February 22, 2022

Tags Income Tax, Tax Breaks, Tax Fairness, 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

Box retailers continue challenging Maine towns to get out of paying what they owe

The services, infrastructure, and amenities funded by property taxes increase our quality of life and help businesses succeed. But large, multi-national big-box retailers are increasingly turning to […]

Sarah Austin

Posted February 2, 2022

Tags Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Sen. King joins Democratic legislators in call for tax fairness at state and federal level

Fecteau and Terry spoke about the tax landscape in Maine and the importance of creating a fairer system in the state. During the panel discussion, Sarah Austin, […]

Beacon

Posted February 2, 2022

Tags Budget, Federal, Tax Breaks, 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

Taxes and Budget

Maine Voices: All too often, business tax breaks don’t work for Mainers

Programs that use public funds should be well designed so that money raised through taxes is not wasted, strengthens our communities and promotes long-term growth and opportunity […]

Portland Press Herald

Posted January 1, 2022

Tags Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Build Back Better Act is the transformative plan Maine needs

Rep. Jared Golden opposed the bill in part because he disagreed with a provision lifting the cap on state and local tax deductions. The Maine Center for Economic Policy wrote […]

Bangor Daily News

Posted December 1, 2021

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

Taxes and Budget

Letter: Golden right to be concerned about SALT increase

As the Maine Center for Economic Policy pointed out in a recent blog post, much of the benefit from the SALT tax would go to the top 1 […]

Bangor Daily News

Posted November 18, 2021

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

Taxes and Budget

House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers

New analysis by the Institute on Taxation and Economic Policy found provisions in a bill recently approved by the House Ways and Means Committee would improve tax […]

Sarah Austin

Posted September 29, 2021

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

Taxes and Budget

Legislative watchdog finds Maine seed capital program needs fixing

Maine spends hundreds of millions of dollars each year in business tax incentives. Because allocating money for this purpose reduces potential investments in other priorities including education […]

Maura Pillsbury

Posted September 21, 2021

Tags Budget, Tax Breaks, Taxes

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LePage income tax plan punishes poor while enriching wealthy Mainers, advocates say

Ending tax haven abuse in Maine

Box retailers continue challenging Maine towns to get out of paying what they owe

Sen. King joins Democratic legislators in call for tax fairness at state and federal level

Improvements recommended to tax expenditure review process

Maine Voices: All too often, business tax breaks don’t work for Mainers

Build Back Better Act is the transformative plan Maine needs

Letter: Golden right to be concerned about SALT increase

House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers

Legislative watchdog finds Maine seed capital program needs fixing