Taxes and Budget Republican lawmakers want to give millionaires $850 Republican legislators are proposing to remove income caps from the governor’s planned $850 COVID Pandemic Relief Payments. This would make the richest 20 percent of Maine households, […] Sarah Austin Posted April 7, 2022 Tags Budget, Coronavirus, Revenue, Tax Fairness, Taxes
Taxes and Budget Biden proposes billionaire tax to pay for increased spending on military, public health Megan Michaud, vice president of programs and policy with the Maine Center for Economic Policy, said by closing offshore tax loopholes and taxing the unrealized capital gains on […] Beacon Posted March 29, 2022 Tags Budget, Federal, Revenue, Tax Fairness, Taxes
Taxes and Budget Legislature OKs bill to address ‘dark store’ tax scheme, measure to lift limits on clean syringes As Beacon previously reported, large chain stores try to exploit a “dark store” tax scheme by arguing their retail properties should be valued the same as abandoned shopping centers that […] Beacon Posted March 23, 2022 Tags Budget, Dark Stores, Tax Fairness, Taxes
Taxes and Budget Senate approves bill to limit ‘dark store’ tax challenges A report by the Maine Center for Economic Policy found large retailers in Maine sought $184 million in reduced valuations from 2015-19. The average reduction sought was […] Portland Press Herald Posted March 22, 2022 Tags Dark Stores, Tax Fairness, Taxes
Taxes and Budget Legislature moving to curb ‘dark store theory’ tax assessments A report on “dark store theory” by the Maine Center for Economic Policy said that when a big box retailer moves to a new location, it often […] Sun Journal Posted March 15, 2022 Tags Dark Stores, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Our View: Law would level playing field between communities, big retailers Since 2015, large retailers in Maine have lowered their valuations by more than $16 million combined using this strategy, costing cities and towns hundreds of thousands of […] Portland Press Herald Posted March 14, 2022 Tags Dark Stores, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Maine House kicks off floor votes by lifting cap on clean syringes, taxing ‘dark stores’ A 2019 report by the Maine Center for Economic Policy (MECEP) found that of the 25 Maine towns with the highest retail sales, 17 had big box stores appeal […] Beacon Posted March 11, 2022 Tags Dark Stores, Property Tax, Tax Breaks, Tax Fairness
Taxes and Budget MECEP statement on advancement of bill to stop corporate tax avoidance AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds the Legislature’s Taxation Committee for advancing efforts to stop corporations from exploiting a loophole to lower their […] Posted March 10, 2022 Tags Economy, Tax Fairness, Tax Havens
Taxes and Budget MECEP statement on passage of bill to stop corporate tax scheme AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds the Maine House of Representatives’ bipartisan vote today to prevent big box retailers from using a tax scheme called […] Posted March 9, 2022 Tags Dark Stores, Economy, Property Tax, Tax Fairness
Taxes and Budget ‘Dark store theory’ leaves local residents paying more than their fair share in taxes Even if you have never heard of the “dark store theory,” odds are you’re paying the price for it. While everyday Mainers and small business owners pay […] Bangor Daily News Posted March 7, 2022 Tags Budget, Dark Stores, Local, Property Tax, Tax Fairness, Taxes