As the tax reform debate begins to heat up, businesses and investors are beginning to pay closer attention to the House GOP Tax Reform Blueprint, a tax plan released last June by Speaker Paul Ryan and House Ways and...
- Scott Moody on Tax Reform Options in Maine
Scott Moody on Tax Reform Options in Maine
Maine Heritage Policy Center CEO (and former Tax Foundation Senior Economist) J. Scott Moody discusses the recently-announced tax reform plan unveiled by a group of 11 Pine Tree State legislators. The so-called "Gang of 11" plan, chiefly written by Sen. Richard Woodbury (I-Yarmouth), would cut some tax rates but raise others, resulting in a net tax increase in the state. Moody is critical of the plan and advises focusing on spending discipline until a revenue-neutral (or revenue-negative) reform plan becomes an option.
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