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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 ...
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charity

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 ...
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Public Sector Crowds Out the Private Sector

Public Sector Crowds Out the Private Sector

Shockingly, the Maine Center for Economic Policy (MECEP) thinks that my recent study--showing Maine would lose more than 6,400 jobs if taxes are raised to cover the $121 million DHHS shortfall (pdf)--is "flawed out of the gate." That's an interesting conclusion coming from an organization that has ...
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