Taxes and Budget Oppose the Repeal of Homestead Exemption for Non-elderly Families Governor LePage’s FY18/19 budget proposal would eliminate the Homestead Exemption property tax relief program for resident homeowners under 65 years of age. This is a bad idea. […] Mark Sullivan Posted February 3, 2017 Tags Budget, Homestead Exemption, Property Tax, Taxes
Taxes and Budget Setting the record straight on the impacts of Governor LePage’s tax plan The Maine Sunday Telegram’s (MST) recently published, above the fold, front page story on the impacts of Governor LePage’s tax plan comes up short in its analysis of the […] Mark Sullivan Posted January 18, 2017 Tags Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget What Mainers need to know about the tax conformity debate Maine legislators are currently debating tax conformity, a procedure primarily to make Maine’s tax code consistent with changes Congress made to the federal tax code last year. […] Sarah Austin Posted February 16, 2016 Tags Budget, Property Tax, Taxes
Taxes and Budget Why tax conformity really matters to Maine teachers and families “Propping up a tax break that reimburses teachers less than $20 as a true means of offering relief to teachers, who by the way spend on average […] Sarah Austin Posted February 16, 2016 Tags Budget, Property Tax, Taxes
Maine’s Economy Governor LePage ignores the value of land conservation to Maine’s economy Gov. LePage recently announced that he will belatedly sign off on multiple voter approved bond issues for the Land for Maine’s Future (LMF) program, but he remains […] James Myall Posted December 21, 2015 Tags Property Tax
Maine’s Economy, Taxes and Budget 3 unsavory ways to pay for eliminating Maine’s income tax Maine’s Constitution requires a balanced budget. Eliminating the state’s income tax. as the governor proposes to do in 2020, will blow a $1.7 billion hole in the […] Mark Sullivan Posted May 5, 2015 Tags Economy, Education, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Eliminating Maine’s income tax: A boon to wealthy Mainers, will hurt everyone else Two weeks ago Governor LePage notified lawmakers of his intention to amend Maine’s constitution to eliminate the state’s income tax by 2020. This may mean the governor […] Garrett Martin Posted May 4, 2015 Tags Economy, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Testimony in Support of LD 575: An Act to Provide Property Tax Relief to Maine’s Working Families “By expanding the sales tax to recreation and amusement services and using the revenue to double the homestead exemption, this bill would provide millions of dollars in […] MECEP Posted March 30, 2015 Tags Property Tax, Taxes
Taxes and Budget Property tax relief falls short in 2013, major policy changes still needed The amount of property tax relief Maine residents claimed under a new state tax credit will fall $9-12 million short of the $34 million forecast, according to […] Joel Johnson Posted June 27, 2014 Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget What you should know about the Cutler property tax relief plan Today, Eliot Cutler released a plan for providing property tax relief to Maine residents. The center piece is a dramatic increase in Maine’s homestead exemption program, elimination […] Garrett Martin Posted April 15, 2014 Tags Homestead Exemption, Municipal Revenue Sharing, Property Tax