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Taxes and Budget

Legislature Passes Bill to Conform with Federal Tax Cuts

The liberal-leaning Maine Center for Economic Policy said the bill is imperfect, but the final compromise legislation got rid of some of the “worst policies” proposed in […]

The Free Press
Posted September 6, 2018
Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget

Legislature splits the difference in final tax conformity compromise

FOR IMMEDIATE RELEASE: August 30, 2018 CONTACT: Mario Moretto, Communications Director mario@mecep.org (207) 620-1101 AUGUSTA, Maine —  The Maine Center for Economic Policy has released a new […]

Posted August 31, 2018
Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget

Lawmakers approve tax conformity bill, send it to LePage

The Maine Center for Economic Policy, an Augusta-based nonprofit, characterized the enacted bill as a compromise, stating in a news release that it “splits the difference” between […]

MaineBiz
Posted August 31, 2018
Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget

MECEP Op-Ed in the Press Herald: More important for Maine to do tax conformity well than to do it quickly

It’s more important to get conformity right than it is to do it soon. Whenever it is, the same questions must be asked of a conformity proposal […]

Portland Press Herald
Posted May 7, 2018
Tags Taxes, Trump Tax Cuts
Taxes and Budget

Setting the record straight: Absence of tax conformity will not cause tax increase

AUGUSTA, Maine — Recently, some lawmakers’s statements and media reports have misstated the consequences for Maine income tax filers that would come if the Legislature adjourned without […]

Posted April 25, 2018
Tags Taxes, Trump Tax Cuts
Taxes and Budget

PPH Editorial: Our View: Expensive tax overhaul wrong move for Maine

The most expensive part of LePage’s package is a revved-up depreciation schedule for businesses that would cost the state $55 million in the current budget, according to […]

Portland Press Herald
Posted March 15, 2018
Tags Federal, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
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
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

INFOGRAPH: This Thanksgiving, serve your Wacky Uncle some facts on the Republican tax plan

Last year’s Thanksgiving with relatives might have left a bad taste in your mouth. This year, get ready to serve your Wacky Uncle some facts about the Republican tax […]

Posted November 22, 2017
Tags Tax Fairness, Taxes, Trump Tax Cuts
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