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Taxes and Budget

MECEP Statement on Gov. LePage's Proposal to Cut Income Taxes and Repeal Maine's Estate Tax

Hearing today before the legislature’s Joint Standing Committees on Appropriations and Financial Affairs and Taxation Augusta, Maine (Tuesday, February 17, 2015) The Maine Center for Economic Policy […]

Posted February 17, 2015
Tags Estate Tax, Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Testimony in Opposition to Income and Estate Tax Cuts in the Governor’s Biennial Budget Proposal

“We urge the legislature to reject the governor’s proposed tax cuts for three basic reasons. First, the proposal does not pay for the cuts. This is fiscally […]

Mark Sullivan
Posted February 17, 2015
Tags Estate Tax, Income Tax, Taxes
Maine’s Economy, Taxes and Budget

Eliminating Maine’s Estate Tax: Another Gift from Governor LePage to Wealthy Mainers

The Governor’s plan to eliminate the state’s estate tax is bad for Maine, and the legislature should reject this proposal. It would hurt our ability to invest […]

Marpheen Chann-Berry
Posted February 3, 2015
Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Responsible Tax Reform?

Maine has pursued broad based tax reform in fits and starts.  We have seen time and again that responsible, broad based tax reform is difficult to achieve.  The […]

Garrett Martin
Posted March 20, 2012
Tags Estate Tax, Income Tax, Tax Fairness, Taxes
Taxes and Budget

IMPACTS of Governor LePage Tax and Budget Proposals and LD 1147 Estate Tax Changes

The Governor’s Budget proposal spends $20 Million for income tax reductions of over $3,000 each in 2013 for about 7,000 tax households with incomes above $350,000. $20 […]

MECEP
Posted June 3, 2011
Tags Budget, Estate Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Maine Senate Votes Huge Estate Tax Giveaway to the Wealthy Funded by Cuts that Will Hurt Low and Middle Income Maine Families

Augusta, Maine (Wednesday, May 25, 2011)—The Maine Center for Economic Policy (MECEP) today urges the Maine House to reject legislation passed yesterday in the Maine Senate to […]

Posted May 25, 2011
Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

MECEP Urges Legislature to Maintain Maine's Estate Tax

Proposed bills cut progressive tax on “a very small number of very wealthy estates but which benefits all Maine people”   Augusta, Maine (Monday, March 21, 2011)—The […]

Posted March 21, 2011
Tags Estate Tax, Tax Fairness, Taxes
Taxes and Budget

Testimony on L.D. 423 and L.D. 1147, bills to weaken or eliminate Maine's Estate Tax

With this Legislature currently facing an $840 million revenue shortfall, now is not the time to pass these bills or any other that unnecessarily weakens the estate […]

MECEP
Posted March 21, 2011
Tags Estate Tax, Tax Fairness, Taxes
Taxes and Budget

Where's the "Shared Sacrifice"?

On Monday (2/28) MECEP and representatives from local government, small business and public employees held a State House press conference to raise concerns about the tax cuts […]

Mark Sullivan
Posted March 2, 2011
Tags Budget, Estate Tax, Property Tax, Taxes
Taxes and Budget

The American Clean Energy and Security Act and The Estate Tax: Both Good for Maine

MECEP Issue Briefs address two upcoming federal debates   Augusta – With all the attention on national health care reform, we must not forget that Congress is […]

Posted July 22, 2009
Tags Estate Tax, Taxes
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