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 2021 will bring another Maine budget fight on taxes and spending Progressive groups including the Maine Center for Economic Policy are renewing an advocacy push to raise taxes on high earners in the state as a way to avoid cuts. […] Bangor Daily News Posted October 13, 2020 Tags Budget, Taxes
Taxes and Budget Slashing state budget would slow Maine’s recovery, report warns If state lawmakers take the same path that their predecessors took in the aftermath of the Great Recession, Maine may once again see a slower recovery from […] Beacon Posted September 30, 2020 Tags Budget, Revenue, Taxes
Taxes and Budget REPORT: Solving Maine’s Pandemic Revenue Crisis States that responded to the Great Recession by maintaining or increasing state jobs and spending outperformed states, such as Maine, that responded with layoffs and spending cuts. […] Sarah Austin Posted September 28, 2020 Tags Budget, Coronavirus, Revenue, Taxes
Taxes and Budget Both spending cuts and revenue increases must be considered to balance budget New research from the left-leaning Maine Center for Economic Policy shows that lowering taxes doesn’t necessarily spur economic activity. For example, after the 2008 recession, five states, including Maine, […] Bangor Daily News Posted September 14, 2020 Tags Budget, Revenue, Taxes
Taxes and Budget RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm Supporters of tax cuts often claim they will directly boost economic activity. A large body of research refutes this argument. In a comprehensive review of four decades […] MECEP Posted August 18, 2020 Tags Budget, Economy, Recession, Revenue, 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
Maine’s Economy, Taxes and Budget Democrats weigh repeal of tax breaks for wealthy as downturn threatens state services Maine’s state budget is facing an estimated 30-percent revenue decline in the next fiscal year from the economic shock of the COVID-19 pandemic, the Maine Center for […] Beacon Posted May 11, 2020 Tags Budget, Economy, Tax Breaks, Taxes
Maine’s Economy Legislative jab at big-box retailers' 'dark store theory' up for decision Most towns and cities don’t have the resources to fight appeals that a denied assessment for large national corporation might bring, said Sarah Austin, lead policy analyst […] MaineBiz Posted March 11, 2020 Tags Property Tax, 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