Taxes and Budget

Report: Taxing the wealthy will lead to a quicker economic recovery in Maine

In a news release about the report, the Maine Center for Economic Policy (MECEP) pointed to three taxes mentioned in the report as essential for helping the […]

Beacon

Posted December 15, 2020

Tags Budget, Tax Fairness, Taxes

Taxes and Budget

Maine can help fuel economic recovery for all by taxing wealth and high incomes

AUGUSTA, MAINE — The state’s wealthiest residents have largely avoided the economic and health effects of COVID-19. Meanwhile, Mainers with the lowest incomes, who are more likely to […]

Posted December 10, 2020

Tags Economy, Tax Fairness, Taxes

Taxes and Budget

In their own words: Harrington and Kidder compete in Maine House District 19

After the Great Recession of 2008, some states cut their budgets and taxes while other states raised taxes on their wealthiest people and most profitable large corporations. […]

Seacoast Online

Posted October 16, 2020

Tags Budget, Tax Fairness, Taxes

Taxes and Budget

Tax committee chair calls for taxing wealthy to address revenue shortfall

Sarah Austin, a policy analyst with the Maine Center for Economic Policy who also took part in the discussion, pointed out that “over the next three years, […]

Beacon

Posted August 14, 2020

Tags Budget, Revenue, Tax Fairness, Taxes

Taxes and Budget

Mainers coming together to fight inequality throughout state

A new bill advocates want to see put in place would tax wealthy estates more than $2 million to fund things such as education and local services. […]

Fox Bangor

Posted March 5, 2020

Tags Inequality, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Rollback of LePage’s estate tax cut for multi-millionaires would raise $14 million

The estate tax threshold is currently set at $5.8 million for any individual who has property in Maine, meaning that up to $5.8 million of a person’s […]

Beacon

Posted March 2, 2020

Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes

Maine’s Economy, Taxes and Budget

Policy Brief: To address wealth inequality, Maine must strengthen its estate tax

More and more of society’s wealth is concentrated in the hands of a few families. At the same time, taxes that target the wealthy have been slashed, […]

Sarah Austin

Posted February 27, 2020

Tags Estate Tax, Inequality, Revenue, Tax Fairness, Taxes

Taxes and Budget

Report says Maine losing $52 million a year to overseas tax havens

The Maine Center for Economic Policy said that overseas tax havens mean companies like Apple pay lower or no taxes abroad on profits actually made here. “Businesses […]

Fox Bangor

Posted February 11, 2020

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Maine's Legislature has a chance to stop corporations like Walmart from using 'dark store theory' to rig the property tax code

Big-box chains benefit from the fire and police protection and infrastructure provided by our municipalities. Their employees and their children benefit from the public education provided by […]

Sarah Austin

Posted February 6, 2020

Tags Property Tax, Tax Fairness, Taxes

Taxes and Budget

REPORT: Corporations' offshore tax haven abuse costs Mainers millions of dollars

Corporations depend on things like an educated workforce, consumers with enough income to pay for services and products, and infrastructure that facilitates commerce. As a state and […]

Sarah Austin

Posted February 5, 2020

Tags Revenue, Tax Fairness, Taxes

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Report: Taxing the wealthy will lead to a quicker economic recovery in Maine

Maine can help fuel economic recovery for all by taxing wealth and high incomes

In their own words: Harrington and Kidder compete in Maine House District 19

Tax committee chair calls for taxing wealthy to address revenue shortfall

Mainers coming together to fight inequality throughout state

Rollback of LePage’s estate tax cut for multi-millionaires would raise $14 million

Policy Brief: To address wealth inequality, Maine must strengthen its estate tax

Report says Maine losing $52 million a year to overseas tax havens

Maine's Legislature has a chance to stop corporations like Walmart from using 'dark store theory' to rig the property tax code

REPORT: Corporations' offshore tax haven abuse costs Mainers millions of dollars