Taxes and Budget

Testimony in Opposition to Gov. LePage's Federal Tax Conformity Proposal (LD 138)

“The governor’s proposal to extend the bonus depreciation tax break for 2014 would be costly: $10 million in the current budget year.[5] Previously conservative revenue forecasting, a […]

Posted January 29, 2015

Tags Taxes

The Maine Capital Investment Credit (“bonus depreciation”) is an Ineffective and Unnecessary Giveaway to Large Businesses

Maine lawmakers should reject Governor LePage’s new plan to extend ineffective and unnecessary retroactive tax breaks to big businesses. As part of his tax “conformity” bill, Governor […]

Joel Johnson

Posted January 28, 2015

Tags Tax Breaks, Taxes

Taxes and Budget

The Sunday Telegram Analysis of LePage’s Tax Plan is Fatally Flawed. Ignore it.

The table that appeared on Page 10 of this week’s Maine Sunday Telegram is fatally flawed due to a variety of calculation errors and faulty methodology. It […]

Joel Johnson

Posted January 26, 2015

Tags Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Migration Mythologists Flee Facts

Maine has gained more taxpayers and income than it has lost going back to the early 1990s, according to IRS tax records. In other words, for every […]

Joel Johnson

Posted November 24, 2014

Tags Economy, Income Tax, Taxes

Taxes and Budget

Maine’s Highway Fund is in Serious Trouble

Maine’s highway fund has nowhere near enough money coming into it to meet the state’s basic transportation needs, according to the biennial revenue and expenditure projection released […]

Joel Johnson

Posted November 10, 2014

Tags Revenue, Taxes

Taxes and Budget

State revenue in FY 2014 was slightly higher than expected but 2011 tax cuts keep revenues well below pre-recession levels

Total General Fund revenue for the state fiscal year ending in June 2014 was $3,113,496,933, which was $39 million (1.3%) more than expected, according to the revenue […]

Joel Johnson

Posted August 1, 2014

Tags Revenue, Tax Breaks, 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

State Income Tax Revenue Falls as Bill for 2011 Income Tax Cuts Comes Due

Four years after Maine Revenue Services (MRS) and the Legislature’s nonpartisan fiscal office put a $166 million price tag on Governor LePage’s income tax cut, an enormous […]

Joel Johnson

Posted June 11, 2014

Tags Budget, Revenue, Taxes

Jobs and Income

Much of New Hampshire is a Bedroom of Massachusetts

Yesterday’s report from the Center on Budget and Policy Priorities briefly touches on another fact about New Hampshire that anti-tax activists never mention: much of the state […]

Joel Johnson

Posted May 9, 2014

Tags Incomes, Jobs, Taxes

Taxes and Budget

Taxes Have Little Effect on People’s Decisions about What State to Live In

A lengthy and exhaustive new report from the Center on Budget and Policy Priorities confirms what reality-based analysts have known for a long time: state taxes do […]

Joel Johnson

Posted May 8, 2014

Tags Taxes

Filter by Category

Filter by Resource Type

Filter by Author

Filter by Tags

Filter by Feature Research

Testimony in Opposition to Gov. LePage's Federal Tax Conformity Proposal (LD 138)

The Maine Capital Investment Credit (“bonus depreciation”) is an Ineffective and Unnecessary Giveaway to Large Businesses

The Sunday Telegram Analysis of LePage’s Tax Plan is Fatally Flawed. Ignore it.

Migration Mythologists Flee Facts

Maine’s Highway Fund is in Serious Trouble

State revenue in FY 2014 was slightly higher than expected but 2011 tax cuts keep revenues well below pre-recession levels

Property tax relief falls short in 2013, major policy changes still needed

State Income Tax Revenue Falls as Bill for 2011 Income Tax Cuts Comes Due

Much of New Hampshire is a Bedroom of Massachusetts

Taxes Have Little Effect on People’s Decisions about What State to Live In