Taxes and Budget Anti-'Tax Havens' bill gets new look as effort to close corporate loophole from Trump Tax Cuts Corporations depend on things like an educated workforce, consumers with enough income to pay for services and products, and infrastructure that facilitates commerce. As a state and […] Sarah Austin Posted March 2, 2020 Tags Tax Breaks, Taxes, Trump Tax Cuts
Taxes and Budget Two years later, Trump Tax Cuts are a proven failure Two years ago, today, the US Senate enacted the “Tax Cuts and Jobs Act,” or TCJA, known more commonly as the Trump Tax Cuts. The $1.9 trillion […] Mario Moretto Posted December 20, 2019 Tags Trump Tax Cuts
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
