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Taxes and Budget

Distributional Impacts of Democratic and Republican Tax Plans (chart)

Mark Sullivan
Posted May 18, 2015
Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Republican Tax Plan Will Raise Taxes for Working Mainers and Seniors

“The Republican plan is a bad deal. It prioritizes income tax cuts for the wealthy and corporations at the expense of the rest of us. Future impacts […]

Posted May 15, 2015
Tags Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Republican Tax Plan Gives Huge Tax Breaks to the Wealthy While Raising Taxes for Working Mainers and Seniors

Legislative Republicans have released a tax plan that is a bad deal for working Mainers and seniors living on fixed incomes. Based on preliminary analysis the Maine […]

Garrett Martin
Posted May 15, 2015
Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

MECEP Hails Tax Committee Vote Against Income Tax Repeal Amendment

“We applaud the committee for rejecting this reckless gimmick that would put funding for schools and other vital service at risk”  Augusta, Maine (Wednesday, May 13, 2015) […]

Posted May 13, 2015
Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
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

MECEP: Eliminating Maine's Income Tax "Will Tear a $1.7 Billion Hole" in Future Budgets, "Puts Funding for Schools and Other Vital Services at Risk"

Augusta, Maine (Tuesday, May 5, 2015) “Gov. LePage’s proposed constitutional amendment to end Maine’s income tax is a huge giveaway to Maine’s wealthiest residents that will put funding […]

Posted May 5, 2015
Tags Budget, Income Tax, Revenue, 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

More than Half of Governor LePage's $292 Million Tax Cut Would Accrue to Maine Families with Annual Incomes over $137K (chart)

Mark Sullivan
Posted April 17, 2015
Tags Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

What’s wrong with the governor’s tax proposal, in one chart

There are two fundamental problems with the governor’s tax reform plan. First, it doesn’t adequately target tax cuts to low- and moderate-income Mainers. Second, it would force […]

Marpheen Chann-Berry
Posted April 16, 2015
Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Distributional Analysis: “Better Deal” Provides Bigger Tax Cuts for Most Mainers while Increasing Investment in Education and Other Critical Services

“The Better Deal for Maine plan would cut taxes, on average, for the bottom 95% of Maine taxpayers. It would reduce taxes more than the governor’s plan, […]

MECEP
Posted April 15, 2015
Tags Tax Breaks, Tax Fairness, Taxes
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