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Maine’s Economy

“Tax Conformity” means bringing the disastrous Trump Tax Code to Maine. Here’s what you need to know.

UPDATED: This blog post was updated on February 5, 2018, to reflect the latest analysis from Maine Revenue Services. This year, state legislators will face so-called “tax conformity” […]

Sarah Austin
Posted January 26, 2018
Tags Tax Fairness, Taxes, Trump Tax Cuts
Jobs and Income

MECEP Op-Ed in the BDN: Pine Tree Development Zones have failed. Lawmakers need better ideas to create jobs.

This Op-Ed was originally published in the Bangor Daily News. Click here to see the original publication. 

Posted January 10, 2018
Tags Jobs
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

Partial state and local tax deduction does nothing for vast majority of Maine families under Republican Tax Plan

The two versions of Republican tax legislation making their way through Congress are similar in that they are huge giveaways to the top 1% and profitable corporations, […]

Sarah Austin
Posted November 29, 2017
Tags Federal, Taxes
Taxes and Budget

Senate Tax Bill Individual Tax Changes Hurt Maine Seniors

This week, the Senate is expected to vote on a bill that increases taxes on Mainers by 2027, increases health premiums for older Mainers by over $3,000 […]

Sarah Austin
Posted November 28, 2017
Tags Federal, Seniors, Taxes
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
Maine’s Economy

Charleston Sunday Gazette-Mail: Shop local often to support Charleston economy, community

According to a study performed by Garrett Martin and Amar Patel for the Maine Center for Economic Policy, every $100 spent at locally owned businesses contributes an […]

Sunday Gazette
Posted November 18, 2017
Tags Economy, Local
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
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