Taxes and Budget Governor LePage's Proposed Cuts to Homestead Exemption Would Raise Property Taxes for Maine Homeowners Governor LePage’s budget would repeal the homestead exemption and increase property taxes for an estimated 213,000 Maine homeowners by more than $300 a year on average. Particularly […] Mark Sullivan Posted February 6, 2017 Tags Budget, Homestead Exemption, Property Tax, Taxes
Maine’s Economy, Taxes and Budget To pay for tax cuts for the rich, LePage budget shifts tens of millions of dollars onto the backs of homeowners Governor LePage’s budget proposal offers tax breaks worth $23,000 annually to Maine’s 1%, while asking homeowners to pay an average of $300 more in already historically-high property […] James Myall Posted February 6, 2017 Tags Budget, Economy, Property Tax, Tax Fairness, Taxes
Taxes and Budget Oppose the Repeal of Homestead Exemption for Non-elderly Families Governor LePage’s FY18/19 budget proposal would eliminate the Homestead Exemption property tax relief program for resident homeowners under 65 years of age. This is a bad idea. […] Mark Sullivan Posted February 3, 2017 Tags Budget, Homestead Exemption, Property Tax, Taxes
Taxes and Budget Setting the record straight on the impacts of Governor LePage’s tax plan The Maine Sunday Telegram’s (MST) recently published, above the fold, front page story on the impacts of Governor LePage’s tax plan comes up short in its analysis of the […] Mark Sullivan Posted January 18, 2017 Tags Property Tax, Tax Breaks, Tax Fairness, Taxes
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
Maine’s Economy Governor LePage ignores the value of land conservation to Maine’s economy Gov. LePage recently announced that he will belatedly sign off on multiple voter approved bond issues for the Land for Maine’s Future (LMF) program, but he remains […] James Myall Posted December 21, 2015 Tags Property Tax
Maine’s Economy, Taxes and Budget 3 unsavory ways to pay for eliminating Maine’s income tax Maine’s Constitution requires a balanced budget. Eliminating the state’s income tax. as the governor proposes to do in 2020, will blow a $1.7 billion hole in the […] Mark Sullivan Posted May 5, 2015 Tags Economy, Education, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Eliminating Maine’s income tax: A boon to wealthy Mainers, will hurt everyone else Two weeks ago Governor LePage notified lawmakers of his intention to amend Maine’s constitution to eliminate the state’s income tax by 2020. This may mean the governor […] Garrett Martin Posted May 4, 2015 Tags Economy, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Testimony in Support of LD 575: An Act to Provide Property Tax Relief to Maine’s Working Families “By expanding the sales tax to recreation and amusement services and using the revenue to double the homestead exemption, this bill would provide millions of dollars in […] MECEP Posted March 30, 2015 Tags Property Tax, Taxes