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Report: Maine held steady on tax revenue in pandemic s first year

by Dave Fidlin, The Center Square contributor  | June 15, 2021 05:00 PM Print this article sframephoto/Getty Images/iStockphoto Bucking a trend seen across much of the U.S., Maine held steady on its tax revenue receipts when COVID-19 lockdowns went into effect last March. The trend continued through the pandemic’s one-year milestone. In its latest report on tax recovery efforts within the U.S., Pew Charitable Trusts concluded tax revenue grew enough by February to mitigate the most severe losses in the early months of the pandemic. Maine was one of 29 states to round the one-year bend in a net-positive position, meaning the state brought in more tax revenue in February, compared to the year prior.

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