Taxes and Budget MECEP Statement on Gov. LePage's Proposal to Cut Income Taxes and Repeal Maine's Estate Tax Hearing today before the legislature’s Joint Standing Committees on Appropriations and Financial Affairs and Taxation Augusta, Maine (Tuesday, February 17, 2015) The Maine Center for Economic Policy […] Posted February 17, 2015 Tags Estate Tax, Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Testimony in Opposition to Income and Estate Tax Cuts in the Governor’s Biennial Budget Proposal “We urge the legislature to reject the governor’s proposed tax cuts for three basic reasons. First, the proposal does not pay for the cuts. This is fiscally […] Mark Sullivan Posted February 17, 2015 Tags Estate Tax, Income Tax, Taxes
Taxes and Budget Migration Mythologists Flee Facts Maine has gained more taxpayers and income than it has lost going back to the early 1990s, according to IRS tax records. In other words, for every […] Joel Johnson Posted November 24, 2014 Tags Economy, Income Tax, Taxes
Taxes and Budget Eliminating the State Income Tax Would Be Bad for Maine. Here’s Why. At a Blaine House press conference yesterday Governor LePage announced that if elected to a second term, he will seek to eliminate the state income tax. This […] Garrett Martin Posted May 21, 2013 Tags Budget, Income Tax, Tax Fairness, Taxes
Taxes and Budget The Governor Misunderstands How Taxes Function Governor LePage’s assertion that the income tax is a “very regressive tax” is stunningly incorrect. A regressive tax is one that takes more taxes as a percentage […] Jody Harris Posted May 14, 2013 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget Income Tax Cuts for the Rich Are a Recipe for Fewer Jobs and Slower Economic Growth Legislators are currently considering Governor LePage’s proposed biennial budget that would saddle low- and middle-income Maine families with the tab for a two-year budget gap that’s $433 […] Joel Johnson Posted April 4, 2013 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget The Plight of the Rich and Tax Flight, Again The gist of “Where Have Maine’s Rich Gone?”, a new Maine Heritage Policy Center release, is that Maine doesn’t have very many rich people because they have […] Joel Johnson Posted January 31, 2013 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget Maine's Tax Solution: Fairness and Investing in Economic Growth MECEP’s new tax report should not be a surprise to anyone. It shows that income tax cuts made in 2011 are not the panacea that proponents have […] Jody Harris Posted October 18, 2012 Tags Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget The Consequences of Maine’s Income Tax Cuts Recent Tax Cuts Increase Costs for Municipalities, the Poor, and the Middle Class Governor LePage and the 125th Maine Legislature used cuts to income, pension, and estate […] MECEP Posted October 16, 2012 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Press Conference: Recent Maine Income Tax Cut Results in a “Great Tax Shift” to Low and Middle Income Families Waterville mayor Karen Heck, teacher and Maine Education Association president Lois Kilby-Chesley, and Borealis Bread founder Jim Amaral joined MECEP at a press conference today to discuss the […] Posted October 16, 2012 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes