Maine workers shine light on corporate tax avoidance in rally at Whole Foods

Members of the Maine Service Employees Association, SEIU Local 1989 demonstrated outside Whole Foods in Portland on Saturday to shine a light on how much big corporations pay, or don’t pay, in state taxes. The weekend event ahead of Tax Day on Tuesday was intended to educate the public about new legislation being considered in…

Dems join Republicans to sink bill to make wealthy pay their fair share

The Maine Legislature’s Democratic-controlled Taxation Committee voted unanimously on Wednesday to kill a bill that would have made the wealthiest Mainers pay a higher income tax rate, lessening the burden on middle- and low-income property taxpayers.  One path to raising taxes on the wealthy remains open, however, but its likelihood of becoming law is unclear…

Report: Millionaires didn’t flee when tax rates increased in certain states

Lower taxes for millionaires in more conservative states and higher taxes in more liberal places didn’t spur the rich to move to red states in large numbers, a recent report found, demonstrating the viability of raising taxes on the wealthy. The paper, published late last month, was authored by Cristobal Young of Cornell University and…