New report: State 'millionaires' taxes' can fund key investments without harming state economies

CONTACT: Mario Moretto: mario@mecep.org; 207-620-1101; Maine Center for Economic Policy Jacob Kaufman-Waldron: jkaufmanwaldron@cbpp.org; 202-325-8746; Center on Budget and Policy Priorities AUGUSTA, Maine – State income tax increases […]

To fund shared prosperity, we must end LePage-era tax cuts for the wealthiest

For years under Gov. Paul LePage, budget-busting tax cuts robbed our state of the revenue we need to build a stronger, fairer economy. Tax cuts delivered windfalls […]

Guest Blog: Who pays and why it matters

Aidan Davis, senior policy analyst at the Institute on Taxation and Economic Policy, delivered the following keynote address at MECEP’s 2019 Policy Insights Conference. We’re grateful to […]

Maine still has work to do in building a balanced and adequate tax code

Building an inclusive economy requires tax policy that meets two conditions. The first is that those with the most are asked to pay more, or at the […]

Policy Brief — Wealthy Mainers have deep roots: Why taxes don't spur interstate moves

Summary: Mainers want to live in thriving communities with good schools, affordable housing, safe roads, reliable public services and good jobs. Shoring up public investments that make […]

New report: Since Bush Tax Cuts, wealthiest one-fifth of Americans have reaped 65 percent of federal tax breaks

In a new report, the Institute on Taxation and Economic Policy reveals that tax cuts since the George W. Bush administration have disproportionately benefited the wealthiest American […]

Income Tax Cuts for the Wealthy or Property Tax Cuts for Everyone: A tale of two budgets

According to the online calculator put out by the Maine Center for Economic Policy, a Rockland family with two children earning $56,000 a year and owning a […]

Not filing an income tax return? You could be leaving as much as $1,000 on the table!

As the deadline for filing income taxes approaches, tens of thousands of Mainers who don’t owe any income tax should still file a return in order to […]

Testimony neither for nor against LD 513, An Act to Eliminate the State Income Tax for Maine Public Employee Retirement System Pensions

“The primary beneficiaries of complete elimination of state income tax for MainePERS pension are likely to be wealthier households. Ultimately, these outcomes would subvert rather than enhance […]

Maine Sunday Telegram overstates the impact of Governor LePage's proposed income tax changes (chart 1)