A group of small business owners represented by the Maine Small Business Coalition reiterated their support for Question 1 on this November's ballot. Question 1 would require more disclosure of outside spending in candidate elections; increase penalties for breaking campaign finance laws; and fully fund the state's Clean Elections law.
The Maine Small Business Coalition (MSBC) launched a series of statewide advertisements on local radio, expressing the frustration of small business owners with House Republicans’ insistence on a state budget that cuts taxes for the wealthiest Mainers.
As the legislature debates how to prevent cuts to revenue sharing funds for municipalities, the Maine Small Business Coalition released a new report today that details how Maine can take steps to curb offshore tax dodging, making available millions of dollars in revenue previously lost to corporate tax havens.
Today, the Maine Small Business Coalition, in partnership with the U.S. Public Research Interest Group, released a new report that reveals that Maine loses $58 million in revenue a year due to offshore tax dodging. Many of America's wealthiest individuals and largest corporations use tax loopholes to shift profits made in America to offshore tax havens, where they pay little to no taxes.