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Maine’s Economy

Congressional Fiscal Shenanigans: O. Henry or Stanley Kubrick?

After weeks of gamesmanship, a minority in Congress succeeded in shutting down the federal government at midnight.  The full impact here in Maine is still uncertain. We […]

Mark Sullivan
Posted October 1, 2013
Tags Budget, Federal, Taxes
Taxes and Budget

Eliminating the State Income Tax Would Be Bad for Maine. Here’s Why.

At a Blaine House press conference yesterday Governor LePage announced that if elected to a second term, he will seek to eliminate the state income tax. This […]

Garrett Martin
Posted May 21, 2013
Tags Budget, Income Tax, Tax Fairness, Taxes
Taxes and Budget

5 Ways to Solve Maine’s Budget Crisis and Prevent Property Tax Increases

Legislators are working to close a $938 million budget gap that is the result of the worst recession since the Great Depression and unpaid-for tax cuts that […]

Garrett Martin
Posted May 20, 2013
Tags Budget, Property Tax, Revenue, Tax Fairness, Taxes
Taxes and Budget

Governor’s Modest Tax Hike on the Wealthy Won’t Erase His Massive Tax Hikes on Low- and Middle-Income Mainers

The latest state revenue forecast shows no end in sight for Maine’s budget crisis. The state’s general fund is expected to bring in $58 million less than […]

Joel Johnson
Posted May 16, 2013
Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

The Governor Misunderstands How Taxes Function

Governor LePage’s assertion that the income tax is a “very regressive tax” is stunningly incorrect. A regressive tax is one that takes more taxes as a percentage […]

Jody Harris
Posted May 14, 2013
Tags Income Tax, Tax Fairness, Taxes
Taxes and Budget

8 Points about the “Gang of 11” Tax Plan

Tax reform must do more for working families and to ensure funds to educate our children, build strong communities, and grow Maine’s economy Recently a group of […]

Garrett Martin
Posted May 9, 2013
Tags Budget, Jobs, Taxes
Taxes and Budget

Testimony at Hearing on LD 816 and LD 956

Property taxes hit low- and middle-income Maine families hardest, accounting for the greatest share of taxes they pay. The Maine Residents Property Tax and Rent Refund Program, […]

MECEP
Posted May 6, 2013
Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget

New MECEP Report Makes the Case to Improve and Increase Property Tax Relief for Low and Middle Income Mainers

“Give Maine’s Working Families a Break: Fix and Fund the Circuit Breaker” calls for expanded benefits and improvements to the application process   Augusta, Maine (Monday, May […]

Posted May 6, 2013
Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget

Give Maine’s Working Families a Break

Fix and Fund the Circuit Breaker Property tax increases in Governor LePage’s budget proposal mean more hardship is in store for low- and middle-income property taxpayers who […]

MECEP
Posted May 3, 2013
Tags Property Tax, Tax Fairness, Taxes
Taxes and Budget

Testimony at Hearing on LD 1227, An Act to Promote Tourism and Economic Development

We have a dilemma in Maine. We want good schools, good roads, safe communities, and opportunities to achieve a better life. Unfortunately, our current tax system is […]

MECEP
Posted April 26, 2013
Tags Property Tax, Revenue, Tax Fairness, Taxes
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