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Taxes and Budget

Taxing the Rich Works

Advocates in some states have recently taken matters into their own hands and cooked up tax reform campaigns. In MAINE, the Prosperity Coalition campaign seeks to move Maine forward through […]

ITEP
Posted June 12, 2019
Tags Estate Tax, Inequality, Tax Fairness
Taxes and Budget

Experts say repealing estate tax cut for millionaires key to fixing Maine’s wealth gap

A legislative effort to undo massive estate tax cuts passed by former Gov. Paul LePage was praised by tax fairness advocates and policy experts at a public […]

Beacon
Posted March 7, 2019
Tags Estate Tax, Taxes
Taxes and Budget

Fixing Maine's estate tax will reduce inequality, secure funds for our future, and make our tax code more fair

Mainers experience dramatic economic inequality. Between 1973 and 2015, the top 1% of Maine families captured 42% of all income growth, leaving just 57% for the remaining […]

Sarah Austin
Posted March 4, 2019
Tags Estate Tax, Inequality
Taxes and Budget

Testimony in Opposition to 1622 "An Act to Eliminate the Maine Estate Tax"

“Eliminating the estate tax will generate a nearly $18 million give away to fewer than 60 of the wealthiest families owning property in Maine each year. These are […]

James Myall
Posted March 3, 2016
Tags Estate Tax
Taxes and Budget

Eliminating Maine’s Estate Tax Will Harm Future Prosperity of All Mainers

Governor LePage submitted a bill to eliminate Maine’s estate tax yesterday. The estate tax helps fund education, health care, and infrastructure that keeps our economy strong and […]

Sarah Austin
Posted March 2, 2016
Tags Estate Tax
Taxes and Budget

MECEP Statement on Governor LePage's Proposal to Eliminate Maine's Estate Tax

Augusta, Maine (Tuesday, March 1, 2016) The Maine Center for Economic Policy (MECEP) issued the following statement in response to Gov. LePage’s proposal (LD 1622) to eliminate Maine’s estate […]

Posted March 1, 2016
Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

MECEP: Bill to Restore Estate Tax Exclusion to $1 Million Will Make Maine's Tax System "Fairer and More Efficient"

“The estate tax is one of the best tools for ensuring that all Maine children, regardless of how wealthy their parents or grandparents were, have the opportunity […]

Posted March 30, 2015
Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Testimony in Support of LD 501: An Act to Amend the Estate Tax Laws

“The estate tax is one of the best tools for ensuring that all Maine children, regardless of how wealthy their parents or grandparents were, have the opportunity […]

MECEP
Posted March 30, 2015
Tags Estate Tax
Taxes and Budget

Many non-resident estates would benefit from Governor LePage's proposed estate tax repeal

As I explained previously, Gov. LePage’s proposal to eliminate Maine’s estate tax would exclusively benefit the wealthy. And now, thanks to information provided to the Taxation Committee […]

Joel Johnson
Posted March 18, 2015
Tags Estate Tax, Taxes
Maine’s Economy, Taxes and Budget

Many non-resident estates would benefit from Governor LePage’s proposed estate tax repeal

As I explained previously, Gov. LePage’s proposal to eliminate Maine’s estate tax would exclusively benefit the wealthy. And now, thanks to information provided to the Taxation Committee yesterday […]

Marpheen Chann-Berry
Posted March 18, 2015
Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes
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