Taxes and Budget Opinion: Maine’s leaders must make the most out of historic surplus When a state’s budget fully invests in its people and communities, everyone benefits. Today, Maine has a surplus and policymakers have an opportunity to improve people’s lives, get our […] Beacon Posted March 2, 2022 Tags Budget, Economic Security, Economy, Tax Fairness, Taxes
Maine’s Economy Equal footing for Maine tribes At its core, tribal sovereignty is about fairness. LD 1626, “An Act Implementing the Recommendations of the Task Force on Changes to the Maine Indian Claims Settlement […] James Myall Posted February 25, 2022 Tags Economic Security, Economy, Inequality, Racial Equity, Tax Fairness
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 Study on child brain activity another reason for congressional activity on child tax credit Even with some caveats, the early results should crystallize for lawmakers what was already clear with the expanded child tax credit: Now is not the time to […] Bangor Daily News Posted January 27, 2022 Tags Children, Federal, Tax Fairness, Taxes
Taxes and Budget Should Maine give extra tax revenue back? Sarah Austin of the Maine Center for Economic Policy, a liberal advocacy group, told the committee Maine still has too many unmet needs to give checks or […] NewsCenter Maine Posted January 12, 2022 Tags Caregiving, Children, Economic Security, Tax Fairness, Taxes
Taxes and Budget MECEP statement on LD 327, An Act To Return Surplus Money to Maine Taxpayers AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) is releasing the following statement in opposition to LD 327, An Act To Return Surplus Money to Maine […] Posted January 12, 2022 Tags Coronavirus, Economic Security, Revenue, 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