Taxes and Budget Rep. Terry: Hardworking Mainers should receive a ‘cost of living refund’ EITC is so effective that 29 states, including Maine, have created their own state-level EITCs to build on the federal credit’s success. Unfortunately, as Mainers’ cost of […] Portland Press Herald Posted April 24, 2019 Tags Tax Fairness, Taxes
Taxes and Budget NEW REPORT: Maine Work Credit will boost working Mainers' income by $91 million, help un-rig our tax code AUGUSTA, Maine — A new proposal before the Maine Legislature would improve Mainers’ economic security and boost the state’s economy by putting an additional $91 million in […] Posted April 22, 2019 Tags EITC, Taxes
Taxes and Budget Want to reduce poverty? Expand the Earned Income Tax Credit. In Maine, more than 103,000 families received the federal EITC in 2017 with an average refund of $2,158. Another 20,000, by IRS estimates, are eligible for the credit but […] Bangor Daily News Posted April 19, 2019 Tags EITC, Poverty, Tax Fairness, Taxes
Taxes and Budget Commentary: Local-option tax the wrong solution to Maine communities’ funding challenges Over the past decade, choices in the Legislature have caused roughly $720 million worth of budget shortfalls in towns and cities across Maine. This year, lawmakers should […] Portland Press Herald Posted April 11, 2019 Tags Local, Sales Tax, Tax Fairness, Taxes
Taxes and Budget New federal proposal gives needed boost to Maine's working families CONTACT Mario Moretto (MECEP): mario@mecep.org 207-620-1101 AUGUSTA, Maine — U.S. Sen. Angus King, I-Maine, today joined Sens. Sherrod Brown, Michael Bennet, Dick Durbin and Ron Wyden to […] Posted April 10, 2019 Tags EITC, Taxes
Taxes and Budget Taxpayers finding costly surprises in their 2018 returns In the past, payroll managers depended largely on the number of personal exemptions claimed by an employee to determine family size, which helped them calculate how much […] Portland Press Herald Posted April 9, 2019 Tags Tax Fairness, Taxes
Taxes and Budget Policy Brief: Why Maine lawmakers should reject the Local Option Sales Tax Summary: Communities in every corner of the state have suffered from underfunding of education and local services. The symptoms of cuts to communities are greater pressure on […] Sarah Austin Posted April 2, 2019 Tags Local, Sales Tax, Taxes
Taxes and Budget Maine Mayors Push to Allow Local Sales Taxes The Maine Center for Economic Policy (MECEP) is a left-leaning lobbying group that urged lawmakers to vote no on allowing local sales taxes at a hearing in […] NECN Posted March 28, 2019 Tags Local, Sales Tax, Taxes
Taxes and Budget Economic justice groups release online tax tool to encourage Mainers claim Earned Income Tax Credits MECEP CONTACT: Mario Moretto (207) 620-1101 mario@mecep.org AUGUSTA, Maine — Just by filing their taxes, working Mainers with low incomes could receive hundreds or even thousands of […] Posted March 28, 2019 Tags EITC, Taxes
Taxes and Budget Why Maine lawmakers should reject the Local Option Sales Tax Communities in every corner of the state have suffered from underfunding of education and local services. The symptoms of cuts to communities are greater pressure on town […] Sarah Austin Posted March 27, 2019 Tags Local, Tax Fairness, Taxes