Taxes and Budget Radio interview with Maura Pillsbury about tax policy in Maine Our guest will be Maura Pillsbury who is a tax analyst at the Maine Center for Economic Policy. She will talk about what the 131st Maine State […] WMPG Posted January 31, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Maine again has a chance to stop corporations from avoiding taxes Last year, Congress failed to pass a proposal to limit corporations from avoiding income tax by reforming how corporate income taxes are determined. But the Maine legislature […] Maura Pillsbury Posted January 30, 2023 Tags Revenue, Tax Fairness, Tax Havens, Taxes
Taxes and Budget Bills to ensure wealthy and corporations pay fair share of taxes will be a focus this session Still, some bills that simply made the tax code more balanced were successful last year, including a measure to stop large chain stores from exploiting a “dark store” tax […] Beacon Posted January 13, 2023 Tags Budget, Tax Fairness, Taxes
Taxes and Budget LePage refuses to say whether he’ll continue to fully fund public education Property taxes are incredibly regressive, meaning they fall more heavily on the poor than on the rich. State funding, on the other hand, comes from a more […] Beacon Posted October 28, 2022 Tags Property Tax, Tax Fairness, Taxes
Maine’s Economy How they met economic challenges gives a glimpse into the major candidates for governor The idea was to give more money back to Mainers, but getting rid of the income tax entirely has met resistance from fellow Republicans in the past. And the move […] The Maine Monitor Posted October 9, 2022 Tags Economic Security, Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget MDP responds to LePage Florida property tax breaks Maine Democratic Party members are calling Lepage’s alleged actions “hypocritical” due to his reported push to phase out Maine’s income tax, and a previous push to eliminate […] Fox Bangor Posted September 26, 2022 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget The coming tax debate between Janet Mills and Paul LePage LePage wants to supercharge this idea in his first year, telling WMTW he would begin his plan to phase out Maine’s income tax by exempting all pension income from […] Bangor Daily News Posted September 2, 2022 Tags Budget, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Pension exemptions benefit wealthy households and compromise resources This year, lawmakers included a tax change in the state’s budget that will significantly expand tax benefits for pension recipients in Maine. Beginning in 2023, pension recipients […] Sarah Austin Posted August 25, 2022 Tags Income Tax, Incomes, Revenue, Tax Fairness, Taxes
Taxes and Budget Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill The bill, named the Inflation Reduction Act, was hailed by analysts in Maine, who said the tax and health care provisions would help create a more fair […] Beacon Posted August 17, 2022 Tags Budget, Federal, Tax Fairness, Taxes
Taxes and Budget MECEP applauds the enactment of the “Inflation Reduction Act” “The Inflation Reduction Act will ensure wealthy corporations making record profits pay their fair share. It will bring down the cost of prescription drugs for older Mainers […] Posted August 16, 2022 Tags Economy, Federal, Inequality, Inflation, Tax Fairness, Taxes