Tax and Budget

tax calculator
April 22, 2017
The LePage budget would raise taxes by $423 for a family earning $56,000. The Democrats’ Opportunity Agenda would reduce their taxes by $150 and fully fund our schools and increase support for Maine communities.

Tax and BudgetEach year, Maine leaders set priorities and make choices for allocating state and local revenues for education, health care, public assistance, economic development, public safety, roads and bridges, environmental protection, and other services important to Maine families, businesses, and communities. They also determine how to fund those revenues through taxes, fees, borrowing, and other sources. For 20 years, MECEP has provided exhaustive, timely, and respected analysis of Maine tax and budget policies to ensure that Maine invests its limited revenues wisely in ways that most benefit Maine working families, especially their economic security, health care needs, and education and job training and that encourage strong economic growth by addressing the needs of Maine businesses for skilled workers, promoting local markets, and investing in research and development. We also assess the fairness of Maine’s tax policies, work to eliminate ineffective, wasteful tax breaks, especially for large corporations, and assure greater progressivity of Maine’s revenues.

Most Recent
May 25, 2017
From 2011 to 2015, the proportion of Maine children living in extreme poverty, family earnings of less than $10,000 per year, grew at eight times the national average, according to data from the Maine Center for Economic Policy.
May 17, 2017
A convention such as this threatens our constitution and the protections it affords to our most fundamental rights. It will hurt Mainers’ economic security and have disastrous consequences for our state’s economy.
May 15, 2017
Fewer and fewer Maine families are aided by TANF, a federal block grant program intended to help vulnerable people get on their feet, even as the state poverty rate has climbed.
May 13, 2017
Data from the U.S. Census’ American Community Survey, compiled by the Maine Center for Economic Policy, show that the proportion of Maine children growing up in extreme poverty — in households with income less than half the federal poverty level, about $10,000 annually for a family of three — has been on the rise in recent years while it’s generally held steady nationally.
May 11, 2017
James Myall For the last seven years, Maine’s Department of Health and Human Services (DHHS)  policies have contributed to the disturbing escalation in child poverty and stashed or misappropriated tens of millions of federal dollars intended for Maine children.
May 10, 2017
Gideon claims the number of Maine children in extreme poverty — families living at 50 percent of the federal poverty level of $10,000 per year for a family of three or lower — is increasing eight times faster than the national average.
May 8, 2017
For several years now, Maine’s approach to child poverty has effectively been to ignore it. Federal money earmarked for specific purpose of addressing this problem has been left untouched while tens of thousands of children struggle without enough food to eat, a stable place to live, and just one incident away from family catastrophe.
May 2, 2017
This is not the time to pit older people against families with children when deciding whether the mil rate is more important than well-staffed quality schools.
April 27, 2017
According to the online calculator put out by the Maine Center for Economic Policy, a Rockland family with two children earning $56,000 a year and owning a home would end up paying $547 more in taxes under Gov.
April 24, 2017
According to an analysis by the Maine Center for Economic Policy, LePage’s approach would people who report more than $384,000 of taxable income a tax break of $22,665 a year.