Taxes and Budget

Double tax cut for PPP grants would compromise funding for Maine's recovery

AUGUSTA, Maine — Garrett Martin, executive director of the Maine Center for Economic Policy, released the following statement in response to the governor’s proposal to provide a […]

Posted February 9, 2021

Tags Budget, Tax Breaks, Taxes

Taxes and Budget

Gov. Mills offers compromise to give tax break to 99% of business loan recipients

Garret Martin, executive director of the Maine Center for Economic Policy, said the governor’s proposal creates a tax loophole and costs state revenue that could be better […]

Portland Press Herald

Posted February 9, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

'Is This Our Party Anymore?' — Maine's Establishment Republicans Who Got Canceled

That was the dilemma for Mills, whose budget writers were confronting an estimated $100 million hole in the current budget if the state conformed to the federal tax code […]

Maine Public

Posted January 29, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

The Daily Brief: Janet Mills boxed herself in on virus aid taxes before reversing course

Republicans have argued that Mills should fund the tax cuts with spending cuts rather than federal funding, but Wednesday marked a victory in their first real tax […]

Bangor Daily News

Posted January 28, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

RELEASE: No double-dip tax breaks for businesses that received PPP grants

AUGUSTA, Maine — Powerful business special interests are pushing the state to enact a double-dip tax break scheme that would take $100 million away from Maine’s COVID […]

Posted January 27, 2021

Tags Budget, Coronavirus, Federal, Tax Breaks, Taxes

Taxes and Budget

Lawmakers should reject scheme to turn PPP into double tax cuts for profitable businesses

Maine’s top priority for a robust, fair COVID recovery must be to provide relief to struggling families and make investments in schools, communities, infrastructure, and services that will […]

Sarah Austin

Posted January 27, 2021

Tags Budget, Coronavirus, Federal, Revenue, Tax Breaks, Taxes

Taxes and Budget

Mills says she’ll seek ways to avoid state tax on businesses’ relief loans

But the liberal Maine Center for Economic Policy said the state should reject a “double-dip tax break scheme” for businesses. The organization said making the loans tax-free […]

Portland Press Herald

Posted January 27, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Tax Policy Options: Maine needs progressive revenue solutions to build a stronger, fairer future

Download the PDF version Download The incoming Legislature has the opportunity to address longstanding problems in the state’s tax code that have made life harder for Maine […]

Sarah Austin

Posted January 27, 2021

Tags Budget, Estate Tax, Income Tax, Revenue, Sales Tax, Tax Fairness, Taxes

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

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Double tax cut for PPP grants would compromise funding for Maine's recovery

Gov. Mills offers compromise to give tax break to 99% of business loan recipients

'Is This Our Party Anymore?' — Maine's Establishment Republicans Who Got Canceled

The Daily Brief: Janet Mills boxed herself in on virus aid taxes before reversing course

RELEASE: No double-dip tax breaks for businesses that received PPP grants

Lawmakers should reject scheme to turn PPP into double tax cuts for profitable businesses

Mills says she’ll seek ways to avoid state tax on businesses’ relief loans

Tax Policy Options: Maine needs progressive revenue solutions to build a stronger, fairer future

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