At a glance
- Maine’s tax code is inadequate for current and future needs.
- Policies since 2011 have favored the wealthy and corporations, reducing resources for public services. Loopholes and carveouts further limit funding for essential services.
- Reforming the tax code will ensure funding for education, health care, infrastructure, and other services and is critical as Maine faces a budget shortfall and crises in housing, child care, direct care, and health care due to chronic underinvestment.
- This brief explores several policy options to reform Maine’s tax code that lawmakers can enact to raise from a few million dollars to several hundred million per year.
