Taxes and Budget Fact Sheet: Revenue Collapse Creates Budget Gap. Maine’s budget challenges are due to the recession and recent tax cuts As the new legislature prepares for Governor LePage to release his plans for dealing with an unexpected revenue shortfall this year and an $881 million structural budget […] MECEP Posted January 10, 2013 Tags Budget, Tax Breaks, Taxes
Taxes and Budget Fact Sheet: Bonds Will Add Over 3,100 Jobs MECEP estimates the investments stemming from Questions 2, 3, 4, and 5 bond issues on the November 6 Maine ballot would create 3,162 new jobs and generate $377 […] MECEP Posted November 1, 2012 Tags Bonds, Jobs
Taxes and Budget The Consequences of Maine’s Income Tax Cuts Recent Tax Cuts Increase Costs for Municipalities, the Poor, and the Middle Class Governor LePage and the 125th Maine Legislature used cuts to income, pension, and estate […] MECEP Posted October 16, 2012 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Health Care Maine’s 2011 Health Insurance Law: Winners and Losers MECEP illustrates the impact of Maine’s new health insurance law on rates for small businesses by region. The information is from Consumers for Affordable Health Care’s new […] MECEP Posted September 6, 2012 Tags Health Care
Taxes and Budget Statement: LD 849 Threatens Maine’s Good Credit LD 849 puts Maine’s good credit at risk, according to the major credit rating agencies- Fitch Ratings, Moody’s Investor Services and Standard & Poor’s. Rating agencies warned us, in 2011, when […] MECEP Posted May 8, 2012 Tags Budget, Revenue
Taxes and Budget Putting Maine First: Day of Action Briefing The number of important bills pending in the Legislature is significant. The below summary highlights some of the most dangerous and irresponsible bills under consideration. Freedom of […] MECEP Posted April 2, 2012 Tags Budget, Taxes
Taxes and Budget Testimony at Hearing on LR 2847 Supplemental Appropriations Bill I am here to testify in reference to part RR of this proposal which reduces taxes on retirement income. Part RR does this in two ways. First, […] MECEP Posted March 22, 2012 Tags Budget, Taxes
Taxes and Budget Fact Sheet: LD 849: A Wolf in Sheep's Clothing LD 849 is a tax “relief” wolf in sheep’s clothing. It is another radical tax and budget plan like the two TABOR and the Paleski referenda Maine […] MECEP Posted March 15, 2012 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Jobs and Income Fact Sheet: Jobs in Focus. Maine Lawmakers Must Take Action to Overcome a Year of Job Losses and Put Mainers Back to Work An analysis of federal Bureau of Labor Statistics data reveals that in the year beginning January 1, 2011, Maine lost 1,300 jobs. Fact Sheet: Jobs in […] MECEP Posted March 13, 2012 Tags Employment, Jobs
Taxes and Budget Testimony at Hearing on LD 829 An Act to Authorize a General Fund Bond Issue to Invest in Transportation, and Other Tourism-related Infrastructure MECEP supports LD 829 which provides resources critical to job creation in the tourism sector and economic growth, especially in rural Maine. Final_Testimony_LD_829_-_Rural_Bonds_2-23-2012 Garrett Martin, […] MECEP Posted February 23, 2012 Tags Budget