Taxes and Budget MECEP Congratulates Maine Delegation for Supporting Legislation to Make Permanent Vitally Important Working Family Tax Credits Key provisions of the earned income tax and child tax credits benefitting 37,000 Maine families including 64,000 children were set to expire in 2017 Augusta, Maine (Friday, […] Posted December 18, 2015 Tags Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Maine’s working families set to score an important win in the tax package scheduled for vote in the House and Senate More than 37,000 hardworking Maine families will keep a key income boost that helps them go to work and pay for basic necessities under a new bipartisan […] Mark Sullivan Posted December 16, 2015 Tags EITC, Tax Fairness, Taxes
Taxes and Budget Allowing working family tax credits to expire will make it more difficult for these families to make ends meet Congress has the opportunity this fall to prevent key federal working family tax credits from expiring, resulting in cuts for 50 million working Americans, 16 million of […] Mark Sullivan Posted October 22, 2015 Tags EITC, Tax Breaks, Tax Fairness, Taxes
Education, Health Care, Maine’s Economy, Taxes and Budget An agenda to give American families a much-needed raise Our colleagues at the Economic Policy Institute (EPI) note that “wages for the vast majority of American workers have stagnated or declined since 1979—and wage stagnation’s reach has broadened […] Mark Sullivan Posted October 15, 2015 Tags Economy, Immigration, Inequality, Infrastructure, Jobs, Tax Fairness, Taxes, Wages
Taxes and Budget MECEP Statement on Gov. LePage's Proposal to Seek a Ballot Initiative to Reduce Maine’s Income Tax to 4 Percent by 2021 Augusta, Maine (Tuesday, September 22, 2015) The Maine Center for Economic Policy (MECEP) issued the following statement in response to media reports that Gov. LePage and the Maine Republican Party […] Posted September 22, 2015 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Time to turn off Maine’s wasteful tax expenditure “faucet” One of the most fundamental obligations of the governor and legislature is careful, vigilant stewardship of how the state spends taxpayers’ hard-earned dollars. There are many competing […] Mark Sullivan Posted September 2, 2015 Tags Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Budget deal includes refundable tax credits for low- and moderate-income Mainers “Combined with Maine’s circuit breaker property tax relief program, which was renamed and converted to a refundable income tax credit two years ago, there will now be […] Marpheen Chann-Berry Posted June 30, 2015 Tags Budget, EITC, Tax Fairness, Taxes
Taxes and Budget Refundable Sales Tax Fairness Credit Will Benefit Low-Income Mainers Mark Sullivan Posted June 30, 2015 Tags Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Latest Budget Deal modestly improves Maine’s tax system progressivity, future revenue adequacy less certain Today, state legislators released details of a budget deal that, if passed, would avoid a state government shutdown. The deal includes significant changes to Maine’s tax code. […] Garrett Martin Posted June 16, 2015 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Share of tax cut by income group by plan Mark Sullivan Posted June 16, 2015 Tags Tax Fairness, Taxes