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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
Taxes and Budget

Migration Mythologists Flee Facts

Maine has gained more taxpayers and income than it has lost going back to the early 1990s, according to IRS tax records. In other words, for every […]

Joel Johnson
Posted November 24, 2014
Tags Economy, Income Tax, Taxes
Taxes and Budget

Eliminating the State Income Tax Would Be Bad for Maine. Here’s Why.

At a Blaine House press conference yesterday Governor LePage announced that if elected to a second term, he will seek to eliminate the state income tax. This […]

Garrett Martin
Posted May 21, 2013
Tags Budget, Income Tax, Tax Fairness, Taxes
Taxes and Budget

The Governor Misunderstands How Taxes Function

Governor LePage’s assertion that the income tax is a “very regressive tax” is stunningly incorrect. A regressive tax is one that takes more taxes as a percentage […]

Jody Harris
Posted May 14, 2013
Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget

Income Tax Cuts for the Rich Are a Recipe for Fewer Jobs and Slower Economic Growth

Legislators are currently considering Governor LePage’s proposed biennial budget that would saddle low- and middle-income Maine families with the tab for a two-year budget gap that’s $433 […]

Joel Johnson
Posted April 4, 2013
Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

The Plight of the Rich and Tax Flight, Again

The gist of “Where Have Maine’s Rich Gone?”, a new Maine Heritage Policy Center release, is that Maine doesn’t have very many rich people because they have […]

Joel Johnson
Posted January 31, 2013
Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget

Maine's Tax Solution: Fairness and Investing in Economic Growth

MECEP’s new tax report should not be a surprise to anyone. It shows that income tax cuts made in 2011 are not the panacea that proponents have […]

Jody Harris
Posted October 18, 2012
Tags Economy, Income Tax, Tax Fairness, Taxes
Taxes and Budget

The Consequences of Maine’s Income Tax Cuts

Recent Tax Cuts Increase Costs for Municipalities, the Poor, and the Middle Class Governor LePage and the 125th Maine Legislature used cuts to income, pension, and estate […]

MECEP
Posted October 16, 2012
Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Press Conference: Recent Maine Income Tax Cut Results in a “Great Tax Shift” to Low and Middle Income Families

Waterville mayor Karen Heck, teacher and Maine Education Association president Lois Kilby-Chesley, and Borealis Bread founder Jim Amaral joined MECEP at a press conference today to discuss the […]

Posted October 16, 2012
Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
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