Eliminating Maine’s Estate Tax Will Harm Future Prosperity of All Mainers

March 2, 2016 by

Sarah Austin blog 11-16-2015Governor LePage submitted a bill to eliminate Maine’s estate tax yesterday. The estate tax helps fund education, health care, and infrastructure that keeps our economy strong and competitive and provides a pathway to prosperity for all Mainers regardless of the circumstances of their birth. Eliminating the state tax would jeopardize funding for these pillars of our economy and further divide the wealthiest Mainers from the rest of us.

Low- and … Read the rest

Where tax fairness is concerned, the legislative Republicans’ tax plan is the worst of all

May 19, 2015 by

Republican legislators released their plan for overhauling Maine’s tax system last week. Yesterday MECEP posted a chart comparing the distributional impacts of the Republican and Democratic plans. The key takeaway from that chart was that Mainers whose income is less than $89,000 – the bottom 80% of all Maine taxpayers – fare better on average under the Democratic plan, while the top 20% of Mainers do better under the … Read the rest

Everything you need to know about the Democratic and Republican tax plans in one chart

May 18, 2015 by

Last week Republican legislators released their proposal for overhauling Maine’s tax system. The plan includes income and corporate tax cuts, and eliminates the estate tax, all disproportionately  benefiting Maine’s wealthiest earners. It also continues the current 5.5% sales tax rate slated to expire later this year, and increases the meals and lodging tax rate to 9%. The Republican plan offers no new property tax relief or credits to improve the … Read the rest

A Capital Gains Tax Cut Would Worsen Maine’s Budget Gap and Make the Tax System Even More Unfair

February 19, 2013 by

Just when you thought that Maine lawmakers might be getting the message that a majority of Mainers want the wealthy to pay their fair share of taxes, the legislature’s taxation committee voted Friday on a bill that would yet again cut taxes for the wealthy and stick everyone else with the tab.

Last week, the taxation committee heard public testimony and voted on legislation that would dramatically cut the tax … Read the rest

Jobs! Jobs! Jobs!

February 16, 2010 by

As the 2010 election cycle shifts into high gear, one issue is front and center: the need to get Maine and America’s unemployed back to work.  MECEP has taken a leadership role in framing the debate and in providing factual arguments for action at both the state and federal levels.

On February 4th MECEP released a new report which estimated that cuts proposed to the state budget for health care … Read the rest

What’s Your Cap?

February 1, 2010 by

Most of us recognize the roulette wheel that is health insurance.  This past weekend, I attended a fundraiser for a former student of mine and her family.  Unfortunately, the story is all too familiar.

Jane’s dad has been on dialysis for five years and is awaiting a kidney transplant.  Her mom was diagnosed with breast cancer and had a mastectomy this summer.  As if this wasn’t enough, doctors discovered … Read the rest