The Maine Heritage Policy Center » charitable giving

house-for-sale-sold-nki

Maine’s Tax Policy Needs Reform

Lawmakers in Augusta have been debating tweaks to our tax policies for years. In 2013, a $27,500 cap was imposed on all itemized deductions, increasing the financial burden on thousands of Mainers – 31 percent of whom itemize deductions on their tax returns – with sizeable deductions such as mor ...
Read more
charity
cialis mail order uk

Repeal Maine’s Tax Cap On Charitable Giving

During late night budget negotiations last year, the legislature instituted a cap on all itemized deductions including the charitable giving deduction. Since there were no corresponding reductions in the personal income tax rate, this cap resulted in a stealth tax increase that hurts both taxpayers ...
Read more

joinus

CLOSE