THE MAINE HERITAGE POLICY CENTER
Comments on the Welcome Back Tax

Comments on the Welcome Back Tax

Press Conference Announcing a Constitutional Challenge to Maine’s “Welcome Back Tax”Penalizing Families Moving to Maine with up to $2,200 in Higher Income TaxesMy name is Scott Moody and I am the Chief Economist at The Maine Heritage Policy Center.In addition to the constitutional issue ...
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LD 1495: Frankenstein Tax Reform

LD 1495: Frankenstein Tax Reform

Read the full report | Since LD 1495, which replaced LD 1088, became the law of the land, everyone from the Governor on down has been crowing about the economic benefits of the lower, flat 6.5 percent marginal tax rate for most Mainers. Unfortunately, standard tax analysis demonstrates that other pr ...
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LD 1088: The Illusion of Tax Reform

LD 1088: The Illusion of Tax Reform

Read the full report | LD 1088 (An Act to Modernize the Tax Laws and Provide over $75,000,000 to Residents of the State in Tax Relief) purports to eliminate the existing four tax brackets in Maine’s personal income tax by collapsing them into a single bracket with a flat 6.5 percent tax rate. Unfo ...
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Committee Tax Reform Plan not “Revenue Neutral”

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

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

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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