Study embraced by Senator Collins actually affirms that her plan will not prevent people from losing health insurance and paying higher premiums  

December 8, 2017 by

Garrett Martin

Earlier this week, Avalere health consulting released a report indicating that two proposals advocated by Senator Collins would reduce health insurance premiums. Senator Collins seized on this analysis. In a tweet on December 6, she claimed that the Avalere study “confirms my reinsurance bill & Alexander-Murray proposal would reduce health insurance premiums by 18% in 2019.” 

The problem is that Senator Collins seems to be ignoring a very … Read the rest

Senate’s pass-through proposal would cost Maine $57 million a year in state revenue

December 1, 2017 by

Sarah Austin

The Senate tax bill’s proposed 23% pass-through deduction would cost Maine $57 million a year in state revenue. It does so by reducing state income taxes primarily for wealthier households – 62% of the tax cuts associated with the pass-through proposal would benefit the top 5% of Maine households, or those making more than $181,000. 

The reason this proposal reduces state revenue is simple. Because much of Maine’s … Read the rest

Senate Health Care Band-Aids Won’t Fix Damage in Tax Bill 

November 29, 2017 by

James Myall

US Senate Republicans have offered only temporary, Band-Aid fixes to try to reassure holdouts on their tax bill like Maine’s Senator Susan Collins. These proposals will not fully heal the wound inflicted on the health care system by repealing the individual mandate, a critical piece of the Affordable Care Act. Despite this, Senate Republicans are pushing ahead with their tax overhaul which is expected to explode the deficit, … Read the rest

Partial state and local tax deduction does nothing for vast majority of Maine families under Republican Tax Plan

November 29, 2017 by

Sarah Austin

The two versions of Republican tax legislation making their way through Congress are similar in that they are huge giveaways to the top 1% and profitable corporations, but differ regarding their treatment of income households use to pay state and local taxes. The Senate version completely repeals the state and local tax deduction, while the House version maintains that only property taxes up to $10,000 can be deducted … Read the rest

New Analysis: Senate Child Tax Credit Proposal Stacks the Deck Against Rural Working Families

November 29, 2017 by

James Myall

New analysis by MECEP shows that the proposal by US Senate Republicans to increase the size of the Child Tax Credit (CTC) will do little for the majority of children in Maine’s most rural and poorest counties while delivering significant benefits to wealthy families who live primarily in more urban and suburban areas. This analysis builds on last week’s analysis from the Center on Budget and Policy Priorities … Read the rest

Senate Tax Bill Individual Tax Changes Hurt Maine Seniors

November 28, 2017 by

Sarah Austin

This week, the Senate is expected to vote on a bill that increases taxes on Mainers by 2027, increases health premiums for older Mainers by over $3,000 in rural areas, and triggers devastating cuts to Medicaid and Medicare as early as next year. This same bill will endanger fundamental health and security programs that seniors rely on and will also require Maine seniors to pay more in federal … Read the rest

Senate plan to increase child tax credit falls short for Maine’s most vulnerable children

November 22, 2017 by

James Myall

The Senate Republican tax plan fails to offer meaningful benefit to Maine’s working families with children. The plan’s signature change for working families, a change to the refundable child tax credit, is being pushed as “relief for hardworking families” —but as with so much of the bill, tens of thousands of low-income families are being overlooked for the benefit of the wealthy.

The change in the Senate bill … Read the rest

3 Reasons Why the Trump-Republican Tax Scheme Puts Working Families LAST

November 20, 2017 by

Sarah Austin

Working families across America already know that the tax system is rigged in favor of the wealthy and large corporations. Despite his “America First” campaign rhetoric, President Trump and Republican lawmakers are pushing a tax scheme that puts hardworking Americans last and will undermine jobs for low- and middle-income familiesHere are the three most egregious ways the TrumpRepublican tax scheme puts working Read the rest

House Republican Tax Plan Reflects Misplaced Priorities and Missed Opportunities for Maine’s Middle Class and is Based on Failed Economic Ideas

November 10, 2017 by

Sarah Austin

Republican lawmakers in congress are working to fast-track tax legislation for President Trump by the end of 2017. House Republicans are attempting to pass a tax bill before Thanksgiving, with the Senate slated to take action in early December.  

The rushed, closed-door process that has led to the current House Republican tax bill has resulted in a fundamentally flawed proposal that will hurt Maine working families and seniors. … Read the rest

Trump-GOP tax framework: A windfall for the wealthy, little left for most Mainers

October 4, 2017 by

Sarah Austin

The U.S. House tomorrow and the Senate in two weeks are expected to vote on their respective budget resolutions that will chart a course to enact President Trump’s proposed tax plan with simple majorities in each chamber. The Trump tax proposal is unprecedented in terms of how severely tilted the tax breaks are toward millionaires and billionaires. Two-thirds of the tax benefits next year would be slated for … Read the rest

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