Explainers, Maine’s Economy, Taxes and Budget About that tax ranking… As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” are memorable and get a […] MECEP Posted May 30, 2023 Tags Budget, Child Tax Credit, EITC, Explainer, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes
Taxes and Budget LePage refuses to say whether he’ll continue to fully fund public education Property taxes are incredibly regressive, meaning they fall more heavily on the poor than on the rich. State funding, on the other hand, comes from a more […] Beacon Posted October 28, 2022 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget MDP responds to LePage Florida property tax breaks Maine Democratic Party members are calling Lepage’s alleged actions “hypocritical” due to his reported push to phase out Maine’s income tax, and a previous push to eliminate […] Fox Bangor Posted September 26, 2022 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget New tax freeze program fails to focus on older Mainers who need it most All older Mainers deserve access to safe and affordable housing, without the fear of being unable to pay their bills or losing their home as they age. […] Maura Pillsbury Posted September 8, 2022 Tags Economy, Housing, Income Tax, Incomes, Property Tax, Seniors, Taxes
Taxes and Budget The coming tax debate between Janet Mills and Paul LePage LePage wants to supercharge this idea in his first year, telling WMTW he would begin his plan to phase out Maine’s income tax by exempting all pension income from […] Bangor Daily News Posted September 2, 2022 Tags Budget, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget A recent history of Maine’s swiftly evolving tax code For most of the 1990s and 2000s, Maine’s tax code remained relatively stable. Corporate and income tax rates were unchanged and except for modifications to how the […] Sarah Austin Posted August 4, 2022 Tags Budget, EITC, Income Tax, Property Tax, Revenue, Sales Tax, Tax Fairness, Taxes
Taxes and Budget MECEP statement on the Governor’s announced budget change package AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds the governor’s proposed additional funding for behavioral health services as a step toward addressing unmet needs left out of the original budget […] Posted March 18, 2022 Tags Budget, Health Care, Housing, Property Tax, Taxes
Taxes and Budget Legislature moving to curb ‘dark store theory’ tax assessments A report on “dark store theory” by the Maine Center for Economic Policy said that when a big box retailer moves to a new location, it often […] Sun Journal Posted March 15, 2022 Tags Dark Stores, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Our View: Law would level playing field between communities, big retailers Since 2015, large retailers in Maine have lowered their valuations by more than $16 million combined using this strategy, costing cities and towns hundreds of thousands of […] Portland Press Herald Posted March 14, 2022 Tags Dark Stores, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Maine House kicks off floor votes by lifting cap on clean syringes, taxing ‘dark stores’ A 2019 report by the Maine Center for Economic Policy (MECEP) found that of the 25 Maine towns with the highest retail sales, 17 had big box stores appeal […] Beacon Posted March 11, 2022 Tags Dark Stores, Property Tax, Tax Breaks, Tax Fairness