Taxes and Budget STATEMENT: Tax Committee's unanimous vote to fund EITC expansion by closing business tax loophole CONTACT Mario Moretto mario@mecep.org 207-620-1101 AUGUSTA, Maine — Sarah Austin, tax and budget policy analyst at Maine Center for Economic Policy, released the following statement in reaction […] Posted June 6, 2019 Tags EITC, Inequality, Tax Fairness, Taxes
Taxes and Budget Maine has a tool to reduce poverty and encourage work. Expanding it makes sense. If fully funded, an estimated 177,000 households across the state would benefit, including roughly 14,000 family caregivers and 2,000 students, according to analysis by the left-leaning Maine Center for […] Bangor Daily News Posted May 29, 2019 Tags EITC, Poverty, Tax Fairness, Taxes
Taxes and Budget Taxation Committee gives bipartisan approval to expansion, modernization of Maine's EITC The Legislature’s Taxation Committee on Wednesday gave near-unanimous approval to a plan to boost incomes for low- and moderate-income working Mainers by expanding and modernizing the state’s […] Sarah Austin Posted May 24, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Coalition vows it will fight for fair taxes Garrett Martin of the Maine Center for Economic Policy said the policies of the previous administration forced the middle class to struggle economically while the rich prospered. […] Fox Bangor Posted May 10, 2019 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Coalition of Maine groups demands roll-back of LePage tax breaks for wealthy With state budget negotiations on the horizon, a newly formed coalition of 22 Maine organizations and elected officials, called the Prosperity Coalition, held a press conference Thursday […] Beacon Posted May 10, 2019 Tags Revenue, Tax Breaks, Tax Fairness
Taxes and Budget 22 organizations, elected officials launch Prosperity Coalition to target LePage's tax breaks for the wealthy Organized labor, faith communities, immigrants, women, students and grassroots activists join fight for fair taxes and a responsible budget AUGUSTA, Maine — A diverse group of 22 […] Posted May 9, 2019 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Coalition pushes for rollback of LePage-era tax cuts Dubbing itself “the Prosperity Coalition,” the group includes the Maine Center for Economic Policy, a state employee union, immigrant rights groups, clergy and advocates for several causes. […] Portland Press Herald Posted May 9, 2019 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget New tax proposal would guarantee wealthy pay as much as everyone else Today, most of Maine’s middle class and working families are paying a higher effective state and local tax rate than the top 1 percent of households.[i] A […] Sarah Austin Posted May 7, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Rep. Terry: Hardworking Mainers should receive a ‘cost of living refund’ EITC is so effective that 29 states, including Maine, have created their own state-level EITCs to build on the federal credit’s success. Unfortunately, as Mainers’ cost of […] Portland Press Herald Posted April 24, 2019 Tags Tax Fairness, Taxes
Taxes and Budget Want to reduce poverty? Expand the Earned Income Tax Credit. In Maine, more than 103,000 families received the federal EITC in 2017 with an average refund of $2,158. Another 20,000, by IRS estimates, are eligible for the credit but […] Bangor Daily News Posted April 19, 2019 Tags EITC, Poverty, Tax Fairness, Taxes