Taxes and Budget Tens of millions in proposed tax breaks for profitable businesses jeopardize Maine's future This legislative session, lawmakers face a critical choice for Maine’s future: invest in the things that help our communities thrive and all of us prosper, or hand […] Mario Moretto Posted March 1, 2018 Tags Revenue, Tax Breaks, Taxes, TCJA
Taxes and Budget PRESS RELEASE: LePage Tax Bill siphons revenue from Maine's future to pay for benefits to profitable businesses and wealthy households AUGUSTA, Maine – Gov. Paul LePage’s administration on Thursday unveiled the governor’s tax conformity bill – an $88.2 million proposal to adopt portions of the Trump Tax Plan […] Posted March 1, 2018 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes, TCJA
Taxes and Budget Maine families pay more under final GOP tax bill House and Senate Republicans expect to vote on their tax bill early this week after an agreement on its provisions was struck Friday. The deal lowers the top individual rate to 37 […] Sarah Austin Posted December 19, 2017 Tags Tax Fairness, Taxes, TCJA
Taxes and Budget Senate’s pass-through proposal would cost Maine $57 million a year in state revenue The Senate tax bill’s proposed 23% pass-through deduction would cost Maine $57 million a year in state revenue. It does so by reducing state income taxes primarily for […] Sarah Austin Posted December 1, 2017 Tags Federal, Taxes, TCJA
Taxes and Budget 3 Reasons Why the Trump-Republican Tax Scheme Puts Working Families LAST Working families across America already know that the tax system is rigged in favor of the wealthy and large corporations. Despite his “America First” campaign rhetoric, President Trump and […] Sarah Austin Posted November 20, 2017 Tags Federal, Taxes, TCJA
Taxes and Budget House Republican Tax Plan Reflects Misplaced Priorities and Missed Opportunities for Maine’s Middle Class and is Based on Failed Economic Ideas Republican lawmakers in congress are working to fast-track tax legislation for President Trump by the end of 2017. House Republicans are attempting to pass a tax bill before Thanksgiving, with the Senate slated to take action in early December. Sarah Austin Posted November 10, 2017 Tags Federal, Taxes, TCJA
Taxes and Budget Trump-GOP tax framework: A windfall for the wealthy, little left for most Mainers The U.S. House tomorrow and the Senate in two weeks are expected to vote on their respective budget resolutions that will chart a course to enact President […] Sarah Austin Posted October 4, 2017 Tags Federal, Taxes, TCJA
Taxes and Budget BREAKING: Maine millionaires primary recipients of proposed Trump tax breaks FOR IMMEDIATE RELEASE August 17, 2017 CONTACT: Sarah Austin saustin@mecep.org (207) 620-1104 Maine millionaires primary recipients of proposed Trump tax breaks Proposed tax cuts for millionaires and billionaires threaten basic education and health services […] Posted August 17, 2017 Tags Federal, Tax Fairness, Taxes, TCJA
Taxes and Budget PRESS RELEASE: Trump Tax Plan Would Give Richest Maine Taxpayers an Average $53,000 Tax Cut and Trigger Deep Cuts to Federal Dollars for Maine For Immediate Release: July 20, 2017 Contact: Sarah Austin Phone: (207) 620-1104 Email: saustin@mecep.org Trump Tax Plan Would Give Richest Maine Taxpayers an Average $53,000 Tax Cut and Trigger […] Posted July 20, 2017 Tags Federal, Tax Fairness, Taxes, TCJA