THE MAINE HERITAGE POLICY CENTER
The “Welcome Back Tax” Created by an Unconstitutional Tax Reform Law

The “Welcome Back Tax” Created by an Unconstitutional Tax Reform Law

Read the full report | A key objective of the LD 1495 tax reforms was to “export” more Maine taxes to non-residents and visiting tourists. The law expands sales taxes, reduces state income tax rates, and replaces income tax deductions and exemptions with a new “household tax credit” - which ...
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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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Questions and Answers on the Taxpayer Bill of Rights

Questions and Answers on the Taxpayer Bill of Rights

Read the full report | Q: What is the Taxpayer Bill of Rights?A: The Taxpayer Bill of Rights will set speed limits on the growth in state and local taxes and spending. First, any net tax increase that exceeds 0.01 percent of general fund revenue ($304,074 in FY 2008) will require a majority vote of ...
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Maine Taxpayers Will Face Higher Income Taxes Than Those in Canada, France and Italy With Proposed Federal Health Care Surtax
Read the full report | Unfortunately, for Maine’s taxpayers, the Legislature and Governor must not be talking with our Congressional delegation. On the one hand, Maine’s state government has spent two years debating tax reform in order to improve the state’s dismal business climate. A key comp ...
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Why Taxes Matter

Why Taxes Matter

Read the full report | It is known that taxpayers respond to tax incentives and disincentives. For example, a taxpayer may buy a larger house than they may "need" because they can deduct the mortgage interest from their income taxes. Since the behavior is tax-induced, it harms the economy. Rather th ...
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Governor Jeb Bush: A Record of Leadership and Policy Accomplishment

Governor Jeb Bush: A Record of Leadership and Policy Accomplishment

Read the full report | In his two terms as Florida’s 43rd governor, Jeb Bush challenged the status quo and reshaped state government in order to lead Florida, the nation’s fourth most populous state, towards a prosperous future.Summing up his legacy in the Washington Post, Governor Bush said:“ ...
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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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