Speaker Fecteau’s bill would use 3-cent tax on top 1 percent to fund hazard payments for frontline workers

Maine’s pandemic experience has looked very different depending on where you stand in today’s economy. Essential frontline workers, many of whom were underpaid and experienced poor working […]

Sarah Austin

Posted May 12, 2021

Tags Coronavirus, Tax Breaks, Tax Fairness, Taxes, Wages

Taxes and Budget

‘Our wealthiest residents have never had it so good’: Bills aim to make tax code more fair

In her testimony, Sarah Austin, tax and budget policy analyst at the Maine Center for Economic Policy, noted that LD 1136 and LD 1443 would only impact the […]

Beacon

Posted May 7, 2021

Tags Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Bills to raise taxes on high incomes would fund long-term investments in people and communities

The wealthiest households in Maine have benefitted greatly from recent state and federal tax cuts. The top 1 percent receive over $50,000 a year in tax cuts […]

Sarah Austin

Posted May 6, 2021

Tags Budget, Income Tax, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

EITC makes up to $7,459 available to low-income, working Mainers — but only if they file their taxes

Maine workers with low incomes could receive thousands of dollars through the Earned Income Tax Credit, or EITC. But that income boost is only available to those […]

Mario Moretto

Posted April 27, 2021

Tags EITC, Taxes

Taxes and Budget

Maine can clamp down on corporate tax dodging by targeting tax haven abuse

When Maine communities thrive, so do the corporations that do business here. But when profitable corporations build their wealth by exploiting the tax code and hiding their […]

Sarah Austin

Posted April 14, 2021

Tags Economy, Revenue, Tax Fairness, Taxes

Maine’s Economy

Transformative “American Rescue Plan” will deliver $6 billion to Maine’s economy

The $1.9 trillion American Rescue Plan Act recently approved by Congress will deliver roughly $6 billion to Maine’s economy, according to recent MECEP analysis. The top initiatives that will support Maine’s economic […]

James Myall

Posted April 2, 2021

Tags Children, Coronavirus, Economic Security, Economy, Education, EITC, Federal, Housing, Infrastructure, K-12 Education, SNAP, Taxes, Unemployment

Jobs and Income

Pine Tree Development Zones promised jobs but didn’t deliver. It’s time to end them.

In 2003, the Maine Legislature created Pine Tree Development Zones, a tax expenditure program designed to spur job creation in economically distressed areas of the state. The […]

Sarah Austin

Posted March 24, 2021

Tags Jobs, Tax Breaks, Taxes

Taxes and Budget

Maine lawmakers weigh income tax hikes, despite opposition from Mills

Sarah Austin, a tax and budget policy analyst at the Maine Center for Economic Policy, said the measures would “raise significant and needed revenue and would do […]

The Center Square

Posted March 24, 2021

Tags Budget, Income Tax, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Bill to strengthen EITC would boost incomes for 92,000 Maine families, improve Maine’s tax code

The Earned Income Tax Credit, or EITC, is a proven tool to reduce poverty and give kids from families with low incomes a better shot at success […]

Sarah Austin

Posted March 23, 2021

Tags Children, EITC, Tax Fairness, Taxes

Taxes and Budget

Raising taxes on large, profitable corporations will help build strong communities without affecting small businesses

Corporations in Maine benefit from our educated workforce, our public roads and other infrastructure, and our clean air and water — not to mention our reputation for […]

Sarah Austin

Posted March 18, 2021

Tags Revenue, Tax Breaks, Tax Fairness, Taxes

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Speaker Fecteau’s bill would use 3-cent tax on top 1 percent to fund hazard payments for frontline workers

‘Our wealthiest residents have never had it so good’: Bills aim to make tax code more fair

Bills to raise taxes on high incomes would fund long-term investments in people and communities

EITC makes up to $7,459 available to low-income, working Mainers — but only if they file their taxes

Maine can clamp down on corporate tax dodging by targeting tax haven abuse

Transformative “American Rescue Plan” will deliver $6 billion to Maine’s economy

Pine Tree Development Zones promised jobs but didn’t deliver. It’s time to end them.

Maine lawmakers weigh income tax hikes, despite opposition from Mills

Bill to strengthen EITC would boost incomes for 92,000 Maine families, improve Maine’s tax code

Raising taxes on large, profitable corporations will help build strong communities without affecting small businesses