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Highest income earners in Maine taxed at 8.6% rate

The top 1 percent of earners in Maine are taxed at an effective rate of 8.6 percent, compared to the state’s 9.6 percent tax rate on the middle 20 percent of income earners, according to a new 24/7 Wall St. analysis.

Inbound cigarette smuggling rate in Maine estimated at 8.3%

The inflow of smuggled cigarettes in Maine is 8.3 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.

Maine ranks 8th worst in new economic outlook analysis

Maine finished 43rd in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

Maine ranks 13th worst on corporate tax study

Maine finished 38th in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

Maryland ranks 32nd best on corporate tax study

Maryland finished 32nd in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

Maine among the 36 states with major tax changes in 2020

Maine was included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

Maine job growth this year projected at 0.5%

Job growth in Maine is expected to reach 0.5 percent by the end of 2020, down from the state's 2019 job growth of 0.8 percent, according to a new study by Kiplinger that assessed state economic outlooks.

Maine has adequate funds to weather moderate recession

Maine would have adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

Jay Allen Pledges to Support Term Limits on Congress

U.S. Term Limits (USTL), the leader in the non-partisan national movement to limit terms for elected officials, praises 2020 U.S. house candidate for Maine (district 1), Jay Allen, for signing the pledge for an amendment to term limit Congress.

Rep. Justin Fecteau Pledges To Support Congressional Term Limits

Maine state house Rep. Justin Fecteau, (district 86), has committed support for term limits on Congress by signing the Term Limits Convention pledge.

Dr. Jay Allen, Retired Colonel and Maine Candidate for U.S. House to Sign Term Limit Pledge

U.S. Term Limits, the nation’s largest and oldest grassroots term limits advocacy organization, is pleased to announce that Dr. Jay Allen is set to sign the pledge to support term limits on Congress.

Maine ranks 33rd in annual tax climate ranking

Maine finished 33rd in a new study by the Tax Foundation showing which states are best at structuring their tax systems

University president is highest-paid public employee in Maine

Joan Ferrini-Mundy, president of the University of Maine, earned $350,000 in 2018, making Ferrini-Mundy the highest-paid public employee in Maine last year, according to a ranking by the website GOBankingRates.

Funding for arts agencies in Maine to reach $1 million in FY2020

Legislative appropriations for Maine arts agencies are projected to reach $1 million for fiscal year 2020, which equates to 75 cents per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

Maine levies a total tax on lodging of 9%

Hotel room bills in Maine tack on a total state lodging tax of 9 percent, the eighth highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

No counties in Maine are now 2nd Amendment sanctuaries

No counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website and media reports.

425 borrowers in Maine filed for student loan forgiveness in 2nd quarter

Borrowers in Maine who sought forgiveness of their student loans in the second quarter of 2019 numbered 425, according to a new state-by-state analysis by the U.S. Department of Education.

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