Taxes and Budget REPORT: Corporations' offshore tax haven abuse costs Mainers millions of dollars Corporations depend on things like an educated workforce, consumers with enough income to pay for services and products, and infrastructure that facilitates commerce. As a state and […] Sarah Austin Posted February 5, 2020 Tags Revenue, Tax Fairness, Taxes
Taxes and Budget Up to $6,885 available to low-income, working Mainers — but only if they file their taxes The Earned Income Tax Credit is a boost for Mainers and our economy AUGUSTA, Maine — Workers with low incomes could receive up to $6,885 because of […] Posted February 4, 2020 Tags EITC, Taxes
Taxes and Budget Up to $6,885 available for low-income, working Mainers — but only if they file their taxes Our economy does better when working people can afford the basics. One tool that helps is the Earned Income Tax Credit, a tax break for low- and […] Sarah Austin Posted January 31, 2020 Tags EITC, Income Tax, Taxes
Taxes and Budget Tax breaks may be better spent elsewhere The evidence suggests that instead of giving millions to profitable corporations, Maine could better spend that money on public investments that truly benefit communities and the economy […] Central Maine Newspapers Posted January 22, 2020 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget BIW gets a $45 million tax break. It should expect scrutiny. “There’s little to no evidence that corporate tax credits, such as the $45 million received by BIW, actually spur job creation or investment,” Mario Moretto, MECEP’s communications director, told me. […] Bangor Daily News Posted January 15, 2020 Tags Tax Breaks, Taxes
Maine’s Economy Confronting the End of Everything — Part Five Amtrak is another tax-subsidized, mass-transit network. If you’ve ever spent time in Europe, you know how much better the heavily subsidized train systems are there. Subsidy is […] The Free Press Posted October 29, 2019 Tags Inequality, Taxes
Taxes and Budget MECEP talks tax fairness on the George Hale Ric Tyler Show “We’re moving in the right direction. With the end of the last legislative session, Maine really achieved an important milestone in tax fairness. And that milestone was […] WVOM Posted September 11, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Tax reforms credited with ensuring Maine’s poorest no longer pay highest tax rate “According to MECEP policy analyst Sarah Austin, who authored the report, the change can be attributed to the Maine Legislature’s passage of an expanded Maine Earned Income […] Beacon Posted September 6, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Beacon Podcast: 'Signs of progress' as Maine reaches milestone for tax fairness “The Maine Center for Economic Policy just released information that for the very first time in…decades… the bottom 20% of folks in Maine are going to have […] Beacon Posted September 6, 2019 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Liberal think tank says Maine has reached ‘tax fairness’ milestone “For decades, the wealthiest Mainers have paid less of every dollar they earn to taxes than those who earn the very least. Now, finally, that injustice in […] Portland Press Herald Posted September 5, 2019 Tags EITC, Tax Fairness, Taxes