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

Maine’s Economy

How they met economic challenges gives a glimpse into the major candidates for governor

The idea was to give more money back to Mainers, but getting rid of the income tax entirely has met resistance from fellow Republicans in the past. And the move […]

The Maine Monitor

Posted October 9, 2022

Tags Economic Security, Economy, Income 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

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

Pension exemptions benefit wealthy households and compromise resources

This year, lawmakers included a tax change in the state’s budget that will significantly expand tax benefits for pension recipients in Maine. Beginning in 2023, pension recipients […]

Sarah Austin

Posted August 25, 2022

Tags Income Tax, Incomes, Revenue, Tax Fairness, Taxes

Taxes and Budget

Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill

The bill, named the Inflation Reduction Act, was hailed by analysts in Maine, who said the tax and health care provisions would help create a more fair […]

Beacon

Posted August 17, 2022

Tags Budget, Federal, Tax Fairness, Taxes

Taxes and Budget

MECEP applauds the enactment of the “Inflation Reduction Act”

“The Inflation Reduction Act will ensure wealthy corporations making record profits pay their fair share. It will bring down the cost of prescription drugs for older Mainers […]

Posted August 16, 2022

Tags Economy, Federal, Inequality, Inflation, Tax Fairness, Taxes

Taxes and Budget

Report: Millionaires didn’t flee when tax rates increased in certain states

“When social ties are strong, fiscal and financial incentives have a smaller playing field and less influence on individual behavior,” the authors argue, adding that “embeddedness allows […]

Beacon

Posted August 12, 2022

Tags Tax Fairness, Taxes

Health Care, Jobs and Income, Taxes and Budget

The Inflation Reduction Act makes our tax code fairer, tackles the climate crisis, and makes health care more affordable for Mainers

On Sunday, the US Senate passed the Inflation Reduction Act, a bill which promises to make historic investments in clean energy, long-awaited fixes to our upside-down tax […]

James Myall

Posted August 11, 2022

Tags Federal, Health Care, Inflation, 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

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LePage refuses to say whether he’ll continue to fully fund public education

How they met economic challenges gives a glimpse into the major candidates for governor

MDP responds to LePage Florida property tax breaks

The coming tax debate between Janet Mills and Paul LePage

Pension exemptions benefit wealthy households and compromise resources

Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill

MECEP applauds the enactment of the “Inflation Reduction Act”

Report: Millionaires didn’t flee when tax rates increased in certain states

The Inflation Reduction Act makes our tax code fairer, tackles the climate crisis, and makes health care more affordable for Mainers

A recent history of Maine’s swiftly evolving tax code