Taxes and Budget Composition of Average State and Local Tax Bills in Selected Income Groups (charts) Mark Sullivan Posted May 5, 2015 Tags Taxes
Education, Taxes and Budget Testimony Neither For Nor Against L.D. 1343, An Act to Increase Access to Postsecondary Education for Maine National Guard Members The cost of a public education in Maine has become unaffordable. Our veterans, especially low-income, working veterans, struggle with the cost of college. This bill would work […] Christy Daggett Posted May 4, 2015 Tags Education, Higher Education
Taxes and Budget Testimony in Support of Legislation to Improve Maine’s Earned Income Tax Credit: LD 96, LD 648, and LD 963 The earned income tax credit (EITC) reduces poverty, promotes work, and, for children in low-income working families, it increases lifetime earnings. Unfortunately, Maine’s version of the credit […] Mark Sullivan Posted April 28, 2015 Tags EITC
Taxes and Budget Testimony in Support of LD 835: An Act to Amend the Individual Income Tax Laws LD 835 would raise more than $55 million per year in revenue for the General Fund and affect only about 2% of Maine’s taxpayers—the very highest-income households— […] Mark Sullivan Posted April 28, 2015 Tags Income Tax
Taxes and Budget Fix Maine’s EITC to Reward Work and Reduce Poverty “The earned income tax credit (EITC) reduces poverty, promotes work, and, for children in low-income working families, it increases lifetime earnings. Unfortunately, Maine’s version of the credit […] Mark Sullivan Posted April 27, 2015 Tags EITC
Taxes and Budget More than Half of Governor LePage's $292 Million Tax Cut Would Accrue to Maine Families with Annual Incomes over $137K (chart) Mark Sullivan Posted April 17, 2015 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Distributional Analysis: “Better Deal” Provides Bigger Tax Cuts for Most Mainers while Increasing Investment in Education and Other Critical Services “The Better Deal for Maine plan would cut taxes, on average, for the bottom 95% of Maine taxpayers. It would reduce taxes more than the governor’s plan, […] MECEP Posted April 15, 2015 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Estimated Distributional Impact of Two Maine Tax Reform Proposals (table) Mark Sullivan Posted April 15, 2015 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Testimony in Support of LD 501: An Act to Amend the Estate Tax Laws “The estate tax is one of the best tools for ensuring that all Maine children, regardless of how wealthy their parents or grandparents were, have the opportunity […] MECEP Posted March 30, 2015 Tags Estate Tax
Taxes and Budget Testimony in Support of LD 575: An Act to Provide Property Tax Relief to Maine’s Working Families “By expanding the sales tax to recreation and amusement services and using the revenue to double the homestead exemption, this bill would provide millions of dollars in […] MECEP Posted March 30, 2015 Tags Property Tax, Taxes