Taxes and Budget MECEP Hails Tax Committee Vote Against Income Tax Repeal Amendment “We applaud the committee for rejecting this reckless gimmick that would put funding for schools and other vital service at risk” Augusta, Maine (Wednesday, May 13, 2015) […] Posted May 13, 2015 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
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 MECEP: Eliminating Maine's Income Tax "Will Tear a $1.7 Billion Hole" in Future Budgets, "Puts Funding for Schools and Other Vital Services at Risk" Augusta, Maine (Tuesday, May 5, 2015) “Gov. LePage’s proposed constitutional amendment to end Maine’s income tax is a huge giveaway to Maine’s wealthiest residents that will put funding […] Posted May 5, 2015 Tags Budget, Income Tax, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Testimony in Opposition to LD 1367, A Resolution, Proposing an Amendment to the Constitution of Maine to Eliminate the Income Tax Like other states across the country, Maine’s constitution requires that the legislature balance the state budget every year, so any income tax cut must result in some […] Mark Sullivan Posted May 5, 2015 Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget Composition of Average State and Local Tax Bills in Selected Income Groups (charts) Mark Sullivan Posted May 5, 2015 Tags 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 New MECEP Report: “Fix Maine’s EITC to Reward Work and Reduce Poverty” “To reduce poverty and make work pay for Maine’s low-income families, especially those with children, state policymakers should increase the size of Maine’s EITC and make it […] Posted April 27, 2015 Tags EITC, Tax Fairness, Taxes
Taxes and Budget More than Half of Governor LePage's $292 Million Tax Cut Would Accrue to Maine Families with Annual Incomes over $137K (chart) Mark Sullivan Posted April 17, 2015 Tags Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget What’s wrong with the governor’s tax proposal, in one chart There are two fundamental problems with the governor’s tax reform plan. First, it doesn’t adequately target tax cuts to low- and moderate-income Mainers. Second, it would force […] Marpheen Chann-Berry Posted April 16, 2015 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Distributional Analysis: “Better Deal” Provides Bigger Tax Cuts for Most Mainers while Increasing Investment in Education and Other Critical Services “The Better Deal for Maine plan would cut taxes, on average, for the bottom 95% of Maine taxpayers. It would reduce taxes more than the governor’s plan, […] MECEP Posted April 15, 2015 Tags Tax Breaks, Tax Fairness, Taxes