Taxes and Budget Testimony in opposition to LD 1606, "An Act to Provide Funding to the Maine Budget Stabilization Fund.” Maine still hasn’t fully recovered from the recession of 2008. Economic growth remains sluggish, and we continue to face significant economic challenges. The legislature must focus first […] Jody Harris Posted March 7, 2016 Tags Budget
Taxes and Budget Testimony in Opposition to 1622 "An Act to Eliminate the Maine Estate Tax" “Eliminating the estate tax will generate a nearly $18 million give away to fewer than 60 of the wealthiest families owning property in Maine each year. These are […] James Myall Posted March 3, 2016 Tags Estate Tax
Taxes and Budget Eliminating Maine’s Estate Tax Will Harm Future Prosperity of All Mainers Governor LePage submitted a bill to eliminate Maine’s estate tax yesterday. The estate tax helps fund education, health care, and infrastructure that keeps our economy strong and […] Sarah Austin Posted March 2, 2016 Tags Estate Tax
Taxes and Budget Testimony in opposition to LD 1519, "An Act To Amend the Tax Laws To Strengthen Charitable Institutions, Encourage Home Ownership and Manage Medical Expenses" It is important to understand how each of the tax policies in the budget plan work together, not only to understand that concerns over homeownership and charitable […] Jody Harris Posted February 29, 2016 Tags Taxes
Taxes and Budget Wither our roads? “Reversing the decline in state investment in transportation, public buildings, water treatment systems, and other forms of vital infrastructure is key to creating good jobs and promoting […] Jody Harris Posted February 24, 2016 Tags Infrastructure, Taxes
Taxes and Budget How Maine's Personal Income Taxes Work Mainers calculate their state personal income tax in three basic steps. The 2015 state budget changes how Mainers will calculate each step. Step One: Calculate Taxable Income […] Mark Sullivan Posted February 22, 2016 Tags Income Tax
Taxes and Budget Unlimited Wealthy Write Offs Siphon Money away from Maine Communities For a PDF of this document, click here. Last year, legislators came together to determine our state’s needs and craft a budget to meet them. This process […] Mark Sullivan Posted February 17, 2016 Tags Tax Breaks, Tax Fairness
Taxes and Budget When Budgets Unravel: Unlimited deductions will jeopardize schools and safety LD 1519 will create a $52 million budget hole Legislators passed a bipartisan budget last year that funds schools, communities, and programs that give a hand up […] Mark Sullivan Posted February 17, 2016 Tags Education, Tax Breaks
Taxes and Budget Why tax conformity really matters to Maine teachers and families “Propping up a tax break that reimburses teachers less than $20 as a true means of offering relief to teachers, who by the way spend on average […] Sarah Austin Posted February 16, 2016 Tags Budget, Property Tax, Taxes
Taxes and Budget What Mainers need to know about the tax conformity debate Maine legislators are currently debating tax conformity, a procedure primarily to make Maine’s tax code consistent with changes Congress made to the federal tax code last year. […] Sarah Austin Posted February 16, 2016 Tags Budget, Property Tax, Taxes