“Tax Conformity” means bringing the disastrous Trump Tax Code to Maine. Here’s what you need to know.

January 26, 2018 by

UPDATED: This blog post was updated on February 5, 2018, to reflect the latest analysis from Maine Revenue Services.

Sarah Austin

This year, state legislators will face so-called “tax conformity” proposals that give them a clear choice: Will Maine enact the same disastrous, lopsided policies enacted by Congress with the Trump Tax Plan, or will we create our own path toward a tax code that meets the needs of all … Read the rest

Maine families pay more under final GOP tax bill

December 19, 2017 by

Sarah Austin

House and Senate Republicans expect to vote on their tax bill early this week after an agreement on its provisions was struck Friday. The deal lowers the top individual rate to 37 percent, lower than either House or Senate versions of the bill, and pegs a new flat corporate tax rate of 21 percent.  

The deal, if passed by Congress and signed by President Trump, will ultimately increase … Read the rest

Senate’s pass-through proposal would cost Maine $57 million a year in state revenue

December 1, 2017 by

Sarah Austin

The Senate tax bill’s proposed 23% pass-through deduction would cost Maine $57 million a year in state revenue. It does so by reducing state income taxes primarily for wealthier households – 62% of the tax cuts associated with the pass-through proposal would benefit the top 5% of Maine households, or those making more than $181,000. 

The reason this proposal reduces state revenue is simple. Because much of Maine’s … Read the rest

Partial state and local tax deduction does nothing for vast majority of Maine families under Republican Tax Plan

November 29, 2017 by

Sarah Austin

The two versions of Republican tax legislation making their way through Congress are similar in that they are huge giveaways to the top 1% and profitable corporations, but differ regarding their treatment of income households use to pay state and local taxes. The Senate version completely repeals the state and local tax deduction, while the House version maintains that only property taxes up to $10,000 can be deducted … Read the rest

Senate Tax Bill Individual Tax Changes Hurt Maine Seniors

November 28, 2017 by

Sarah Austin

This week, the Senate is expected to vote on a bill that increases taxes on Mainers by 2027, increases health premiums for older Mainers by over $3,000 in rural areas, and triggers devastating cuts to Medicaid and Medicare as early as next year. This same bill will endanger fundamental health and security programs that seniors rely on and will also require Maine seniors to pay more in federal … Read the rest

3 Reasons Why the Trump-Republican Tax Scheme Puts Working Families LAST

November 20, 2017 by

Sarah Austin

Working families across America already know that the tax system is rigged in favor of the wealthy and large corporations. Despite his “America First” campaign rhetoric, President Trump and Republican lawmakers are pushing a tax scheme that puts hardworking Americans last and will undermine jobs for low- and middle-income familiesHere are the three most egregious ways the TrumpRepublican tax scheme puts working Read the rest

House Republican Tax Plan Reflects Misplaced Priorities and Missed Opportunities for Maine’s Middle Class and is Based on Failed Economic Ideas

November 10, 2017 by

Sarah Austin

Republican lawmakers in congress are working to fast-track tax legislation for President Trump by the end of 2017. House Republicans are attempting to pass a tax bill before Thanksgiving, with the Senate slated to take action in early December.  

The rushed, closed-door process that has led to the current House Republican tax bill has resulted in a fundamentally flawed proposal that will hurt Maine working families and seniors. … Read the rest

Trump-GOP tax framework: A windfall for the wealthy, little left for most Mainers

October 4, 2017 by

Sarah Austin

The U.S. House tomorrow and the Senate in two weeks are expected to vote on their respective budget resolutions that will chart a course to enact President Trump’s proposed tax plan with simple majorities in each chamber. The Trump tax proposal is unprecedented in terms of how severely tilted the tax breaks are toward millionaires and billionaires. Two-thirds of the tax benefits next year would be slated for … Read the rest

Women have the right to vote, but still don’t get equal pay for equal work

August 26, 2017 by
Sarah Austin

Sarah Austin

Today marks the anniversary of the 19th Amendment which granted white women the constitutional right to vote. The Equal Pay Act of 1963, Civil Rights Act of 1964, and Lily Ledbetter Fair Pay Act of 2009 are just some of the laws that have extended protections against

discrimination for women since the passage of the 19th amendment. Yet, there is still more progress to be made … Read the rest

Pine Tree Development Zones fail to create quality jobs in areas of need 

August 23, 2017 by
Sarah Austin

Sarah Austin

As part of a multiyear review of business tax credits, the state’s government accountability office reported today that the Pine Tree Development Zone (PTDZ) program does not live up to its promise of creating good jobs in higher unemployment areas. 

Pine tree development zones, sometimes called enterprise or opportunity zones in other parts of the country, designate geographic areas in need of jobs and economic development and offer … Read the rest

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