Taxes and Budget The Plight of the Rich and Tax Flight, Again The gist of “Where Have Maine’s Rich Gone?”, a new Maine Heritage Policy Center release, is that Maine doesn’t have very many rich people because they have […] Joel Johnson Posted January 31, 2013 Tags Income Tax, Tax Fairness, Taxes
Maine’s Economy Maine Families Living on the Edge “Nearly half of Maine residents are living on the edge of financial disaster with almost no savings to fall back on in the event of a job […] Mark Sullivan Posted January 30, 2013 Tags Economic Security
Taxes and Budget Testimony at Hearing on LR 1045 (January 28, 2013) An Act to Make Supplemental Appropriations and Allocations for the Expenditures of State Government and to Change Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Year Ending June 30, 2013 MECEP continues to have concerns about the implications of the current proposal on Maine’s future financial picture – a point that was underscored by last week’s downgrade […] MECEP Posted January 28, 2013 Tags Appropriations Committee
Taxes and Budget Testimony at Hearing on LR 1045 (January 24, 2013) An Act to Make Supplemental Appropriations and Allocations for the Expenditures of State Government and to Change Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Year Ending June 30, 2013 At a time when Mainers continue to struggle through the state’s sluggish recovery from the worst recession since the Great Depression, it is incumbent on legislators to […] MECEP Posted January 24, 2013 Tags Appropriations Committee
Taxes and Budget Booze, Bonds and Budget Balancing “A foolish consistency is the hobgoblin of little minds.” ―Self-Reliance, Ralph Waldo Emerson, 19th American essayist All leaders need followers. Despite Emerson’s call to be nonconformist, political […] Jody Harris Posted January 18, 2013 Tags Bonds, Budget, Taxes
Taxes and Budget An Avoidable Budget Crisis Despite what Governor LePage had to say about protecting the needy when he released his budget last week, the reality is far different. Low- and middle-income Mainers […] Joel Johnson Posted January 17, 2013 Tags Budget, Revenue, Taxes
Maine’s Economy Maine Working Families Cannot Make Ends Meet Maine ranks 21st in the number of low-income working families A new study shows that 29% of Maine families cannot meet basic needs, even though they are […] Jody Harris Posted January 16, 2013 Tags Economic Security
Jobs and Income Community is important to our economy too Our political leaders often are singularly focused on business growth as our economic savior. And there is no doubt, businesses are vital as employers, purchasers, and investors. […] Jody Harris Posted January 14, 2013 Tags Economy, Employment
Taxes and Budget Town by Town Analysis of Proposed Cuts to Municipal Revenue Sharing Governor LePage’s budget would shift significant costs to towns by cutting funding for road maintenance, public safety, and other basic services. MECEP estimates the fiscal impact to […] MECEP Posted January 11, 2013 Tags Local, Municipal Revenue Sharing
Taxes and Budget Fact Sheet: Revenue Collapse Creates Budget Gap. Maine’s budget challenges are due to the recession and recent tax cuts As the new legislature prepares for Governor LePage to release his plans for dealing with an unexpected revenue shortfall this year and an $881 million structural budget […] MECEP Posted January 10, 2013 Tags Budget, Tax Breaks, Taxes