Taxes and Budget What a national debt default would mean for Maine Any program or person getting money from the federal government could feel the effects of a failure to pay its bills. That includes potential tax refund delays to 551,000 […] Bangor Daily News Posted March 3, 2023 Tags Taxes
Taxes and Budget Maine lawmakers can transform Maine with the next budget Maine lawmakers have an opportunity to transform the state’s economy by choosing to invest in our people and communities. Imagine an economy where workers don’t have to […] Bangor Daily News Posted February 23, 2023 Tags Budget
Taxes and Budget Janet Mills readies heating relief package that could include direct checks While the Maine Center for Economic Policy does not have a specific proposal for relief, it wants to see a proposal targeted at low-income and middle-class Mainers […] Bangor Daily News Posted November 29, 2022 Tags Budget, Economic Security, Economy
Taxes and Budget Expanded child tax credit should be a priority for Congress When the expanded credit expired at the start of this year, the child poverty rate rose quickly and significantly. In Maine, about four out of five kids […] Bangor Daily News Posted November 27, 2022 Tags Budget, Child Tax Credit, Children, Federal, Food Insecurity, Poverty
Jobs and Income Not all Maine workers benefiting from pandemic boost in power Maine is seeing a robust economic recovery from the COVID-19 downturn, but that good news hides ongoing weaknesses among the state’s workers, a new report released Tuesday […] Bangor Daily News Posted October 19, 2022 Tags Economic Security, Job Quality, Jobs
Jobs and Income, Taxes and Budget Cost emerges as early hurdle to Maine paid-leave plans A separate estimate assumes $192 million in benefits would be paid out annually from the fund, according to economic policy analyst James Myall at the liberal Maine Center for […] Bangor Daily News Posted September 13, 2022 Tags Budget, Job Quality, Jobs, Paid Sick Days
Taxes and Budget The coming tax debate between Janet Mills and Paul LePage LePage wants to supercharge this idea in his first year, telling WMTW he would begin his plan to phase out Maine’s income tax by exempting all pension income from […] Bangor Daily News Posted September 2, 2022 Tags Budget, Income Tax, Property Tax, Tax Breaks, Tax Fairness, Taxes
Education Maine lawmakers reckon with Augusta’s role in driving up college costs The long-term financial trends in Maine are stark. Two-thirds of the University of Maine System’s budget was paid for by state funding in 1989, according to a 2021 […] Bangor Daily News Posted August 29, 2022 Tags Economic Security, Education, Federal, Higher Education, Student Debt
Education Why Maine’s congressional delegation all didn’t applaud Joe Biden’s student debt plan Biden’s plan landed differently, although the liberal Maine Center for Economic Policy, which supported the action, estimated it would help 177,000 borrowers here while erasing the debt of 30,000 […] Bangor Daily News Posted August 25, 2022 Tags Economic Security, Education, Higher Education, Student Debt
Taxes and Budget What the Inflation Reduction Act means for Maine Stateside advocates like King, the liberal Maine Center for Economic Policy and Maine Senate President Troy Jackson, D-Allagash, say the bill will reduce costs for Mainers on utilities and health care, […] Bangor Daily News Posted August 8, 2022 Tags ARPA, Federal, Health Care, Inflation, Taxes