Taxes and Budget 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 […] Sarah Austin Posted October 17, 2018 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget 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 […] Sarah Austin Posted October 15, 2018 Tags Income Tax, Tax Fairness, Taxes
Health Care, Taxes and Budget New analysis: Home care tax would affect top 3 percent of wealthiest Mainers The Home Care referendum on November’s ballot would affect 34,442 Mainers at the top of the income distribution, according to a new analysis conducted by MECEP. That […] Sarah Austin Posted September 21, 2018 Tags Caregiving, Tax Fairness, Taxes
Taxes and Budget Legislature Passes Bill to Conform with Federal Tax Cuts The liberal-leaning Maine Center for Economic Policy said the bill is imperfect, but the final compromise legislation got rid of some of the “worst policies” proposed in […] The Free Press Posted September 6, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget Lawmakers approve tax conformity bill, send it to LePage The Maine Center for Economic Policy, an Augusta-based nonprofit, characterized the enacted bill as a compromise, stating in a news release that it “splits the difference” between […] MaineBiz Posted August 31, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget Legislature splits the difference in final tax conformity compromise FOR IMMEDIATE RELEASE: August 30, 2018 CONTACT: Mario Moretto, Communications Director mario@mecep.org (207) 620-1101 AUGUSTA, Maine — The Maine Center for Economic Policy has released a new […] Posted August 31, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget 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 […] Sarah Austin Posted July 16, 2018 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget MECEP Op-Ed in the Press Herald: LePage’s tax plan gives huge benefits to a few at expense of the many We can fully fund our public schools. We can build a robust infrastructure that lays the groundwork for sustained, shared economic prosperity. We can maintain a public […] Portland Press Herald Posted March 29, 2018 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget PPH Editorial: Our View: Expensive tax overhaul wrong move for Maine The most expensive part of LePage’s package is a revved-up depreciation schedule for businesses that would cost the state $55 million in the current budget, according to […] Portland Press Herald Posted March 15, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget BDN Editorial: Tax conformity not a top priority for Maine Given this, there is no reason for Maine to conform with the federal tax changes. In fact, Gov. Paul LePage acknowledges this and has warned Maine legislators […] Bangor Daily News Posted March 10, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts