All posts by J. Scott Moody

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Where Have Maine’s “Rich” Gone?

As Maine’s state government grapples with a budget deficit, some legislators are calling for the repeal of Governor LePage’s tax cuts for the “rich.”[i]  Such a proposal ignores the reality that Maine’s previous top individual income tax rate of 8.5 …

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The Economic Impact of Maine’s Renewable Portfolio Standard

The state of Maine is a pioneer in passing Renewable Portfolio Standard (RPS) legislation. First implemented in 1999, the law required that 30 percent of total retail electric

Maine Demographic Winter

The Fiscal Costs of Maine’s “Demographic Winter”

Countries such as Japan and Russia are already facing annual declines in population, a trend that Demographers have labeled this “Demographic Winter.”[1]  A shrinking population will create formidable

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Maine Loses People and Their Income to States with No Personal Income Tax

In FY 2009, Maine had the 6th highest tax burden, as a percent of private sector personal income, in the country.[1] The single largest source of Maine’s tax

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Who Are Maine’s “Rich?”

Who Are Maine's "Rich?" In these dark economic times, the siren call of “tax the rich” is hurled at policymakers as the solution to Maine’s budget woes. The accusation

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Study Shows Maine’s “Rich” are Working Couples, Small Business Owners

Families and Entrepreneurs make up top earners, income tax hits them hardest A report released today by the Maine Heritage Policy Center shows that Maine’s high-earning individuals are working

Taxes

Higher Taxes? Not with Maine’s High Tax Burden

As Maine’s state government grapples with budget shortfalls in the Department of Health and Human Services budget and a recent lawsuit aimed at rolling-back necessary pension reforms, the

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The Case for Right-to-Work in Maine: Examining the Evidence in Oklahoma

As Maine’s economy struggles to put the “Great Recession” behind it, the quest to find public policies that will aid the economy becomes more urgent. The single most

Raising Taxes for DHHS Budget Would Cost Private Sector Jobs

The Maine Department of Health and Human Services is running a serious budget deficit of an estimated $121 million for this year alone.  As lawmakers work to decide

Taxes

Which Tax Plan is Best for Maine?

There is finally some good news for Maine taxpayers.  The tax discussion on both sides of the political aisle in Augusta is not whether to have tax relief,