ESAs

Tax Code Shaken, Economic Outlook Not Stirred

A common argument put forth by proponents of tax-and-spend schemes is that pro-growth tax reforms are a guaranteed way for a state to destroy its bond rating. Following a recently updated assessment of Maine’s economy by prominent credit ratings firms, the state’s current path of pro-growth tax ...
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Rich states, poor states MHPC
In the recently-released ninth edition of the Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index rankings report, Maine earned its highest all-time rank of 38. While near the bottom of the 50 states, the mark is commendable in that it is the first time Maine has escaped a ran ...
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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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Kansas

Cutting Taxes has helped, not hurt, Kansas

Facts can be dangerous to an argument.Perhaps that’s why opponents of income tax reform routinely choose to omit crucial facts and key information when making their case that lowering taxes hurts our economy.For example, liberal-blogger Amy Fried chose to cherry-pick her facts when she recently at ...
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Maine Prosperity Event: Snowbirds Take Flight Thanks to Tax Cap on Charitable Giving (Portland)
Portland● 12:00 p.m. to 1:30 p.m. ●Thursday, April 17, 2014DiMillo's On the Water25 Long WharfSnowbirds Take Flight Thanks toTax Cap on Charitable Giving The Honorable Philip HarrimanPrincipalLebel & HarrimanThe Honorable Philip Harriman, principal, Lebel & Harriman, will provide ...
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RGGI
cialis online
Executive SummaryThe Regional Greenhouse Gas Initiative (RGGI) is a carbon dioxide cap and trade agreement between nine states in the Northeastern United States. RGGI Inc. is the entity responsible for managing the goals of the law. RGGI determines a limit on the amount of carbon dioxide (CO2 ...
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freeme

The Free ME Initiative

Free ME is a bold initiative that will free Maine. It is a realistic strategy for spurring economic development statewide.Maine has the opportunity to become America’s premier destination for economic freedom and growth. Overall, Free ME is not a new concept. Free ME simp ...
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Tax Reform in Maine

Tax Reform in Maine

On Wednesday I participated in the Subcommittee Meeting of the Joint Standing Committee on Taxation. Below are my remarks.  In particular, my suggestion for adopting a Business Enterprise Tax garnered some much needed attention.  Here are two links that delve more deeply into why Maine should adop ...
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Taxes Matter 24: How Maine’s Courts set Tax Policy

Taxes Matter 24: How Maine’s Courts set Tax Policy

A few days ago, Forbes magazine ran an unflattering article on a recent court decision on Maine's tax policy that will give Maine's business tax climate another black-eye.Now, I'm not a lawyer and this article will make a non-lawyer's eyes water; but David Crocker (our Director of MHPC's Center for ...
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More Tax Reform Recommendations

More Tax Reform Recommendations

Last week the Maine Development Foundation released a new study on fixing Maine's economy.  The section on Tax and Fiscal Policy looks eerily familiar to the recent debate on tax reform--from the perspective of those supporting the tax reform plan.One item in particular caught my attention.  Accor ...
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