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Group urges $400M annual revenue boost to solve Maine poverty, equity issues


Lagging education, health care and other needs that disproportionately affect the state s low-income and nonwhite residents could begin to be solved with a $400 million annual boost in revenue, achieved through state tax codes changes, a wide-ranging group of organizations says.
A group of 13 organizations including the AFL-CIO, Maine Council on Aging, and others, told the state s legislators in a letter this week that the move would not only help fund Maine’s COVID-19 recovery, but also begin to undo the damage of years of underfunded programs that are having an exponential effect, including increasing hunger and homelessness.
The letter, sent to every member of the House and Senate, comes as lawmakers get ready to consider several bills that would raise revenue, including changing the tax code for higher incomes; increasing taxes on corporate profits of more than $3.5 million; closing corporate tax loopholes, including the offshore tax haven loophole; and streng ....

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