Taxes and Budget Lack of corporate tax transparency hurts Maine When corporations receive lucrative tax incentives and fail to pay their fair share in taxes, they profit from the hard work of Mainers and exploit the resources […] Maura Pillsbury Posted July 5, 2022 Tags Economy, Income Tax, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Federal Reserve data shows improved financial wellbeing, particularly among parents, in 2021 The expanded Child Tax Credit, which put more money into parents’ pockets and dramatically reduced childhood poverty, expired at the end of last year Last month, the […] Arthur Phillips Posted June 14, 2022 Tags Child Tax Credit, Children, Economic Security, Federal, Food Insecurity
Taxes and Budget Once again, Legislature extends broken tax break for businesses When funding is funneled away from public priorities like schools, infrastructure, and health care and into business tax breaks, we should be confident that the spending is […] Maura Pillsbury Posted May 27, 2022 Tags Economic Security, Revenue, Tax Breaks, Tax Fairness, Taxes
Health Care 130th Legislature makes health care more affordable for Mainers The 130th Maine legislature made real progress on health care affordability for Mainers. Maine Center for Economic Policy supported several bills which increased eligibility for children and […] James Myall Posted May 25, 2022 Tags Affordable Care Act, Economic Security, Family and Medical Leave, Federal, Health Care, Paid Sick Days, Prescription Drugs
Taxes and Budget How Maine is spending federal rescue plan funds Under the Biden administration’s American Rescue Plan Act (ARPA), over $4.5 billion of federal funding is flowing into Maine to contend with the impacts of the COVID-19 […] Maura Pillsbury Posted May 19, 2022 Tags ARPA, Budget, Children, Economic Security, Economy, Health Care, Infrastructure
Taxes and Budget Earned Income Tax Credit expansion provides greater economic security for working families We all want expanded opportunities for our communities and to ensure our neighbors have the support they need to be stable and secure. But corporations are raising […] Sarah Austin Posted May 16, 2022 Tags EITC, Incomes, Poverty, Tax Fairness
MECEP report shows the Child Tax Credit made a tangible difference for Maine families The improved and expanded monthly Child Tax Credit (CTC) has been one of the most successful and popular American Rescue Plan Act programs, providing flexibility to parents […] MECEP Posted May 13, 2022 Tags Child Tax Credit, Children, Economic Security, Economy, Incomes, Poverty
Health Care Health insurance costs will soar for 66,000 Mainers if Congress doesn’t act Among the many provisions included in the American Rescue Plan passed by Congress in 2021 was a program to increase the affordability of health insurance purchased through […] James Myall Posted May 13, 2022 Tags Children, Federal, Health Care, Seniors
Education, Jobs and Income Student debt cancellation would help working families, improve equity, and expand access to higher education Last week, President Biden stated he is considering cancelling some amount of student debt and expects to make a decision on the issue in the coming weeks.1 […] Arthur Phillips Posted May 10, 2022 Tags Education, Employment, Housing, Incomes, Inequality, Jobs, Racial Equity, Seniors, Student Debt
Health Care, Maine’s Economy Overturning Roe undermines Americans’ economic security The US Supreme Court’s apparent intention to overturn Roe v Wade strikes a calamitous blow against decades of legal precedent, dangerously impacting health, privacy, and self-determination for […] MECEP Posted May 4, 2022 Tags Economic Security, Health Care, Inequality, Poverty