Taxes and Budget BDN Editorial: Tax conformity not a top priority for Maine Given this, there is no reason for Maine to conform with the federal tax changes. In fact, Gov. Paul LePage acknowledges this and has warned Maine legislators […] Bangor Daily News Posted March 10, 2018 Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget ADVISORY: MECEP analysis reveals winners, losers of LePage Tax Bill and the true cost of tax breaks FOR IMMEDIATE RELEASE: March 7, 2018 CONTACT: Mario Moretto, Communications Director mario@mecep.org (207) 620-1101 MECEP analysis reveals winners, losers of LePage Tax Bill and the true cost of […] Posted March 8, 2018 Tags Federal, Taxes, Trump Tax Cuts
Taxes and Budget MECEP Policy Brief: The LePage Tax Bill Summary: On March 1, Gov. Paul LePage’s Administration presented a tax bill to the Legislature designed to mirror at the state level some of the reforms enacted […] MECEP Posted March 7, 2018 Tags Taxes
Taxes and Budget Tens of millions in proposed tax breaks for profitable businesses jeopardize Maine's future This legislative session, lawmakers face a critical choice for Maine’s future: invest in the things that help our communities thrive and all of us prosper, or hand […] Mario Moretto Posted March 1, 2018 Tags Revenue, Tax Breaks, Taxes, TCJA
Taxes and Budget PRESS RELEASE: LePage Tax Bill siphons revenue from Maine's future to pay for benefits to profitable businesses and wealthy households AUGUSTA, Maine – Gov. Paul LePage’s administration on Thursday unveiled the governor’s tax conformity bill – an $88.2 million proposal to adopt portions of the Trump Tax Plan […] Posted March 1, 2018 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes, TCJA
Maine’s Economy Press Release: New revenue identified in latest forecast should fund state needs, not tax breaks AUGUSTA, Maine — The state’s Revenue Forecasting Committee told lawmakers on Tuesday that Maine’s General Fund will exceed original estimates by roughly $128.5 million in the current budget […] Posted February 27, 2018 Tags Budget, Revenue, Tax Breaks, Taxes
Taxes and Budget PPH Editorial: Our View: Don’t blame land conservation for rising Maine property taxes According to the Maine Center for Economic Policy, the state has underfunded municipal revenue-sharing by $602 million from its traditional level since LePage took office. The percentage […] Portland Press Herald Posted February 22, 2018 Tags Property Tax, Taxes
Taxes and Budget BDN Editorial: LePage policies, not land trusts, have driven up property taxes According to an analysis by the Maine Center for Economic Policy, payments to municipalities have been reduced by $602 million between 2011 and 2019 because of these […] Bangor Daily News Posted February 20, 2018 Tags Property Tax, Taxes
Maine’s Economy “Tax Conformity” means bringing the disastrous Trump Tax Code to Maine. Here’s what you need to know. UPDATED: This blog post was updated on February 5, 2018, to reflect the latest analysis from Maine Revenue Services. This year, state legislators will face so-called “tax conformity” […] Sarah Austin Posted January 26, 2018 Tags Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget Maine families pay more under final GOP tax bill House and Senate Republicans expect to vote on their tax bill early this week after an agreement on its provisions was struck Friday. The deal lowers the top individual rate to 37 […] Sarah Austin Posted December 19, 2017 Tags Tax Fairness, Taxes, TCJA