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
Taxes and Budget Sun Journal: Tax bill's fate may depend on Maine's Susan Collins Sarah Austin, a policy analyst with the Maine Center for Economic Policy, said in a prepared statement that removing the mandate would lead to 50,000 Mainers losing coverage and increase costs for many others. Sun Journal Posted November 27, 2017 Tags Federal, Taxes
Taxes and Budget 3 Reasons Why the Trump-Republican Tax Scheme Puts Working Families LAST Working families across America already know that the tax system is rigged in favor of the wealthy and large corporations. Despite his “America First” campaign rhetoric, President Trump and […] Sarah Austin Posted November 20, 2017 Tags Federal, Taxes, TCJA
Taxes and Budget UPDATE: New Analysis on Senate tax legislation By 2027, the 80% of Maine households earning less than $147,140 will see a tax increase of $250 on average under the Senate’s proposed tax bill, according to new analysis released yesterday by […] Posted November 20, 2017 Tags Federal, Taxes, Trump Tax Cuts