Taxes and Budget PPH Editorial: Our View: Expensive tax overhaul wrong move for Maine The most expensive part of LePage’s package is a revved-up depreciation schedule for businesses that would cost the state $55 million in the current budget, according to […] Portland Press Herald Posted March 15, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget BDN Editorial: Tax conformity not a top priority for Maine Given this, there is no reason for Maine to conform with the federal tax changes. In fact, Gov. Paul LePage acknowledges this and has warned Maine legislators […] Bangor Daily News Posted March 10, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget ADVISORY: MECEP analysis reveals winners, losers of LePage Tax Bill and the true cost of tax breaks FOR IMMEDIATE RELEASE: March 7, 2018 CONTACT: Mario Moretto, Communications Director mario@mecep.org (207) 620-1101 MECEP analysis reveals winners, losers of LePage Tax Bill and the true cost of […] Posted March 8, 2018 Tags Federal, Taxes, Trump Tax Cuts
Education, Health Care, Maine’s Economy Analysis: Trump’s budget squeezes struggling Mainers to pay for giveaways to top 1 percent, wealthy corporations The tax bill passed by the Republican-controlled Congress and signed by President Donald Trump in December created a $1.5 trillion hole in the federal budget to create […] Sarah Austin Posted February 23, 2018 Tags Budget, Education, Federal, Health Care
Taxes and Budget PRESS RELEASE: Maine families lose in final GOP tax deal FOR IMMEDIATE RELEASE: December 20, 2017 CONTACT: Mario Moretto mario@mecep.org (207) 620-1101 Maine families lose in GOP tax deal Tax increases for families, cuts to health care […] Posted December 20, 2017 Tags Federal, Health Care
Taxes and Budget Senate’s pass-through proposal would cost Maine $57 million a year in state revenue The Senate tax bill’s proposed 23% pass-through deduction would cost Maine $57 million a year in state revenue. It does so by reducing state income taxes primarily for […] Sarah Austin Posted December 1, 2017 Tags Federal, Taxes, TCJA
Health Care, Taxes and Budget Senate Health Care Band-Aids Won’t Fix Damage in Tax Bill US Senate Republicans have offered only temporary, Band-Aid fixes to try to reassure holdouts on their tax bill like Maine’s Senator Susan Collins. These proposals will not […] James Myall Posted November 29, 2017 Tags Federal, Health Care, Taxes
Taxes and Budget Partial state and local tax deduction does nothing for vast majority of Maine families under Republican Tax Plan The two versions of Republican tax legislation making their way through Congress are similar in that they are huge giveaways to the top 1% and profitable corporations, […] Sarah Austin Posted November 29, 2017 Tags Federal, Taxes
Taxes and Budget New Analysis: Senate Child Tax Credit Proposal Stacks the Deck Against Rural Working Families New analysis by MECEP shows that the proposal by US Senate Republicans to increase the size of the Child Tax Credit (CTC) will do little for the […] James Myall Posted November 29, 2017 Tags Child Tax Credit, Children, Federal, Taxes
Taxes and Budget Senate Tax Bill Individual Tax Changes Hurt Maine Seniors This week, the Senate is expected to vote on a bill that increases taxes on Mainers by 2027, increases health premiums for older Mainers by over $3,000 […] Sarah Austin Posted November 28, 2017 Tags Federal, Seniors, Taxes