Tag: Maine

The status quo is unacceptable. Now is the time for bold action.

The Governor believes that now is the time to move Maine from poverty to prosperity. Rather than keep trying the same thing that we’ve tried for decades and expecting different results, it is well past time to stop chasing capital out of the State of Maine and to stop penalizing hard work and investment in our State. While some critics… Read more →

We Need to Make Maine More Competitive

The Tax Foundation currently ranks Maine as having the 9th highest top marginal individual income tax rate. Were it not for Vermont, New Jersey, and New York, we’d have the highest top marginal tax rate on this side of the Mississippi River. Their top individual rates kick in at more than $400,000; $500,000; and $1 million of taxable income, respectively.… Read more →

Analyzing Governor LePage’s Tax Reform Proposal

As people consider Governor LePage’s tax reform plan for Maine, a good place to start is by checking out the analysis from the Tax Foundation: The LePage administration is responsible for the largest tax cut in Maine’s history, so it comes as no surprise that Maine Governor Paul LePage has emerged as the first Governor to propose serious tax reforms… Read more →

Economic Recovery in 2015

According to senior economists, Maine may be able to call 2015 its best year of economic recovery since 2007. While this may hold true for the United States economy as a whole, it is undoubtedly welcoming news to all residents of Maine. The country is expecting decent growth as well. This economic momentum, coupled with lower energy prices and lower… Read more →