Author: Adrienne Bennett

AUGUSTA – Governor Paul R. LePage’s 2016 “State of the State” address has been listed as one of the best in the country in terms of the economic policy proposals he put forth, which have been proven in other states to enhance their economic competitiveness and growth. A report by ALEC, entitled State of the States: An Analysis of the 2016 Governors’ Addresses, commends Governor LePage for fighting to abolish both Maine’s death tax and income tax. “If these taxes were repealed, the state would improve dramatically in economic competitiveness, leading to more residents and businesses moving in to the…

For Immediate Release: Wednesday, March 16, 2016 Contact: Adrienne Bennett, Press Secretary, 207-287-2531 Legislators setting their sights on projected revenues that have not been collected from taxpayers AUGUSTA – As Legislators enter the final weeks of the 127th Legislative Session, Governor Paul R. LePage today made it clear he will oppose all unnecessary spending earmarked by lawmakers who want to rob funding from the Budget Stabilization Fund. The forecast from the Revenue Forecasting Committee (RFC) projected revenue growth in their spring forecast. The RFC forecasts a $72 million General Fund revenue increase from now through the end of the biennium.…

For Immediate Release: Friday, March 11, 2016 Contact: Adrienne Bennett, Press Secretary, 207-287-2531 Majority report supports governor’s proposal to eliminate Maine’s estate tax AUGUSTA – The Maine Legislature’s Joint Standing Committee on Taxation voted 7-6 on Thursday in favor of Governor LePage’s proposal to eliminate Maine’s estate tax. LD 1622, sponsored by Rep. Stedman Seavey (R-Kennebunkport) and cosponsored by Sen. Earle McCormick (R-Kennebec), repeals the estate tax starting on January 1, 2017. “I am encouraged by the Tax Committee’s vote and hope their colleagues in the House and Senate will give this proposal serious consideration,” said Governor LePage. “Maine’s death…