Taxes and Budget Property tax relief falls short in 2013, major policy changes still needed The amount of property tax relief Maine residents claimed under a new state tax credit will fall $9-12 million short of the $34 million forecast, according to […] Joel Johnson Posted June 27, 2014 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget What you should know about the Cutler property tax relief plan Today, Eliot Cutler released a plan for providing property tax relief to Maine residents. The center piece is a dramatic increase in Maine’s homestead exemption program, elimination […] Garrett Martin Posted April 15, 2014 Tags Homestead Exemption, Municipal Revenue Sharing, Property Tax
Taxes and Budget Testimony at Hearing on LD 1751 An Act to Provide Property Tax Relief to Maine Residents As economists Michael Allen and Dick Woodbury wrote in their 2006 evaluation of Maine’s “Circuit Breaker” property tax relief program, “[the circuit breaker] does more than any […] MECEP Posted February 19, 2014 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget 5 Ways to Solve Maine’s Budget Crisis and Prevent Property Tax Increases Legislators are working to close a $938 million budget gap that is the result of the worst recession since the Great Depression and unpaid-for tax cuts that […] Garrett Martin Posted May 20, 2013 Tags Budget, Property Tax, Revenue, Tax Fairness, Taxes
Taxes and Budget Testimony at Hearing on LD 816 and LD 956 Property taxes hit low- and middle-income Maine families hardest, accounting for the greatest share of taxes they pay. The Maine Residents Property Tax and Rent Refund Program, […] MECEP Posted May 6, 2013 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget New MECEP Report Makes the Case to Improve and Increase Property Tax Relief for Low and Middle Income Mainers “Give Maine’s Working Families a Break: Fix and Fund the Circuit Breaker” calls for expanded benefits and improvements to the application process Augusta, Maine (Monday, May […] Posted May 6, 2013 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget Give Maine’s Working Families a Break Fix and Fund the Circuit Breaker Property tax increases in Governor LePage’s budget proposal mean more hardship is in store for low- and middle-income property taxpayers who […] MECEP Posted May 3, 2013 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget Testimony at Hearing on LD 1227, An Act to Promote Tourism and Economic Development We have a dilemma in Maine. We want good schools, good roads, safe communities, and opportunities to achieve a better life. Unfortunately, our current tax system is […] MECEP Posted April 26, 2013 Tags Property Tax, Revenue, Tax Fairness, Taxes
Taxes and Budget MECEP Supports Bills to Restore Tax Fairness and Raise Revenues to Fund Education and Investment in Maine Communities Augusta, Maine (Tuesday, April 23, 2013) Garrett Martin, executive director of the Maine Center for Economic Policy (MECEP), will present testimony today before the legislature’s Joint Standing […] Posted April 23, 2013 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget They’re Wrong Governor LePage and his allies claim that Governor LePage’s budget proposal can’t raise property taxes because that’s a municipal decision. They’re wrong. If passed as written, Governor […] Joel Johnson Posted March 1, 2013 Tags Budget, Property Tax