Fair Share Now!

Maine works best when everyone gets a fair shot, and everyone pays their fair share. If the governor’s budget passes taxes could go up over $600 for the typical Maine family while the top 1% will get a $1,700 tax cut. It's not right for taxes to increase on Maine's middle class and working families while those at the top get a break they don't need. The Fair Share Now campaign is an effort to ensure that wealthy individuals, large corporations, out-of-state visitors, and nonresident property owners do their part too. By fixing our broken tax system we can pass a state budget that strengthens the middle class, supports small business, and ensures that all Mainers have pathways to success.

LePage Tax Increases:

  • Over $400 million in property tax increases
  • New tax on newspapers and magazines
  • Increases income taxes by changing the way income tax brackets adjust over time

The Fair Share Solution:

  • Rolls back 2011 income and estate tax cuts
  • Top 1% pays what the average Mainer pays
  • Closes costly corporate tax loopholes that deliver little or no economic benefit
  • Meals and lodging tax increases to New England average

“While the governor may tell himself he is not proposing to raise taxes, when you start cutting tax discounts for property taxpayers you are increasing what they pay.”

– Lewiston Sun Journal Editorial, 1/27/2013

What the Public Thinks about the Governor’s Budget:

  • 63% of Mainers find a budget deal unacceptable that cuts Medicaid
  • 68% of Mainers find a budget deal unacceptable that cuts education spending
  • 85% of Mainers find a budget deal unacceptable that increases property taxes

Source: Maine People’s Resource Center Survey

What the Public Thinks about the Fair Share Solution:

  • 73% of Mainers find raising the lodging tax on hotel rooms to the New England average acceptable in a budget deal
  • 75% of Mainers find raising taxes on the wealthy acceptable in a budget deal, including:
    • 66% of Republicans
    • 56% of self-identified tea-partiers
    • 54% of self-identified very conservative Mainers

Source: Maine People’s Resource Center Survey

Comparing LePage Budget to Fair Share Now Solution

  LePage Budget Fair Share Now Solution
Property Taxes

•Eliminates Homestead Exemption for Mainers under the age of 65 resulting in an average tax increase of $120 per year
Eliminates property tax and rent refund program for Mainers under the age of 65 resulting in an average tax increase of $479 per year for over 75,000 families
Shifts other costs to towns that will likely result in additional property tax increases.
Suspends $280 million in aid to towns
Raids local excise tax revenue worth $4 million per year

Funds public schools below the 55% target established by referendum, requires property taxpayers to make up the difference AND shifts an additional $28 million onto property owners by requiring them to pay additional costs for teacher retirement

• Preserves Homestead Exemption for all Mainers

• Preserves and improves property tax and rent refund program for currently eligible Mainers

• Minimizes cost shifts by targeting property tax relief to Maine residents and putting Maine on a path to funding 55% of K-12 education at the state level

Sales Taxes

• Increases sales taxes on newspapers and magazines

• Increases meals and lodging taxes to the New England average

Income and Estate Taxes

• Increases income taxes by an average of $31 by changing the way in which tax brackets adjust on an annual basis
• Maintains 2011 income and estate tax changes that cost a total $390 million and provide the greatest benefits to the wealthy

•Increases income taxes on the top 1% to ensure that their state and local taxes are equal to what the average Mainer pays in proportion to income

•Rolls back the 2011 income and estate tax changes

Corporate Taxes

• Reduces benefits available through the Business Equipment Tax Reimbursement Program and shifts a portion of the costs to towns
• Preserves other existing corporate tax subsidies and exemptions

•Asks lawmakers to subject existing corporate tax subsidies and exemptions to greater scrutiny and identify an additional $50 million in savings

Bottom-line

•Taxes go up by approximately $135 for the typical Mainer or $600 if they qualify for property tax and rent refund program Top 1% gets a tax cut of more than $1,700

•Typical Mainer pays about the same as they do currently

•Top 1% pay approximately 1.5% more of their income in taxes above current levels

Get Involved

Contact your representatives and ask them to support the Fair Share Now solution. Pass a Fair Share Now resolution in your town. Visit www.fairsharemaine.org for more.

Press: