Committee Tax Reform Plan not “Revenue Neutral”
Read the full report | The tax reform plan proposed by the Taxation Committee that is winding its way through the Maine Legislature is "revenue neutral" in Augusta, but it would raise Mainers’ taxes by almost $40 million.This is not due to a technical error by revenue estimators in Augusta – the ...
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A Plan to Reform and Reduce Maine’s Taxes
Read the full report | Mainers have been hit with a barrage of tax reform proposals from the Maine Legislature, but no clear plan that will reduce the Maine tax burden. The proposals beg the question, “Where’s the beef?” Like the iconic Wendy’s slogan, which was implemented to chastise their ...
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Maine’s State and Local Tax Collections: Fiscal Year 2005 Update
Read the full report | Recently, the U.S. Census Bureau released estimates for local tax collections for state fiscal year (FY) 2005. The FY 2005 state and local tax collection data revealed a growing level of taxation Maine taxpayers. As shown in Chart 1, Maine’s state and local tax collections a ...
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