Taxes and Budget ‘Wolf in sheep’s clothing:’ Dems hold the line against GOP budget demands Republicans pointed to the projected budget surplus to argue for the tax cuts, which analysts said would primarily benefit wealthy Mainers. “We are over-collecting taxes from Maine […] Beacon Posted March 31, 2023 Tags Budget, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Impacts of proposed income tax rate reduction House and Senate Republicans are demanding income tax cuts be part of the budget, and Democrats in the legislature were right to make sure they didn’t have […] MECEP Posted March 29, 2023 Tags Income Tax, Inequality, Tax Breaks, Tax Fairness, Taxes
Health Care, Taxes and Budget Maine lawmakers push to expand MaineCare to some non-citizens “With some of the previous expansions of MaineCare, the federal government has born a lot of the cost,” Maine Center for Economic Policy Analyst James Myall said. […] Fox 23 Posted March 28, 2023 Tags Health Care, Racial Equity, Taxes
Taxes and Budget Maine should tax big corporate tax dodgers This year, Congress made a big change to how massive corporations — those with profits over $1 billion — are taxed by establishing a “real profits tax” […] Maura Pillsbury Posted March 27, 2023 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget How corporate consolidation is breaking Maine’s economy Corporate consolidation is suppressing wages, breaking supply chains and driving inflation. The result of unchecked monopolies is a more fragile economy and a less democratic society. This […] Beacon Posted March 23, 2023 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Advocates in Maine push for child tax credit expansion Advocates in Maine are calling on state and federal lawmakers to expand child tax credits. In 2021, Congress passed an extension to the child tax credit in […] WMTW Posted March 10, 2023 Tags Child Tax Credit, Children, Tax Fairness, Taxes
Taxes and Budget Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal The program is again up for renewal, and voices of support and opposition came out to be heard at a Feb. 15 public hearing convened by the Joint […] MaineBiz Posted March 3, 2023 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget What a national debt default would mean for Maine Any program or person getting money from the federal government could feel the effects of a failure to pay its bills. That includes potential tax refund delays to 551,000 […] Bangor Daily News Posted March 3, 2023 Tags Taxes
Taxes and Budget Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal “This program has been extended and redesigned many times, and yet, evaluations from the Legislature’s watchdog agency determined that the program is unable to show evidence of […] MaineBiz Posted March 3, 2023 Tags Taxes
Maine’s Economy, Taxes and Budget MECEP reaction to State of the Budget address Maine Center for Economic Policy (MECEP) president and CEO Garrett Martin reacts to Governor Mills’ State of the Budget address: “State budget choices can change lives. Maine […] Posted February 15, 2023 Tags Budget, Corporate Power, Economic Security, Economy, Family and Medical Leave, Income Tax, Tax Fairness, Taxes