Taxes and Budget ‘Dark store theory’ leaves local residents paying more than their fair share in taxes Even if you have never heard of the “dark store theory,” odds are you’re paying the price for it. While everyday Mainers and small business owners pay […] Bangor Daily News Posted March 7, 2022 Tags Budget, Dark Stores, Local, Property Tax, Tax Fairness, Taxes
Taxes and Budget How corporations made inflation worse and why Build Back Better could help Fortunately, the rising costs of energy, cars and a host of other goods show signs of easing in the year ahead. The price of gas peaked in November at […] Bangor Daily News Posted January 28, 2022 Tags Budget, Coronavirus, Economic Security, Economy, Federal
Taxes and Budget Study on child brain activity another reason for congressional activity on child tax credit Even with some caveats, the early results should crystallize for lawmakers what was already clear with the expanded child tax credit: Now is not the time to […] Bangor Daily News Posted January 27, 2022 Tags Children, Federal, Tax Fairness, Taxes
Taxes and Budget Expanded child tax credit worked and should be reinstated With the stalling of President Joe Biden’s spending plan, the fate of the more generous child tax credit looks bleak, which is bad news for the millions […] Bangor Daily News Posted January 4, 2022 Tags Children, Economic Security, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Lawmakers should use surplus revenue to help Mainers who need it most “Policies that get cash in the hands of the households that need it most have been central to reducing economic harm and fueling a faster recovery. Maine lawmakers, following the […] Bangor Daily News Posted December 21, 2021 Tags Budget, Economic Security, Economy, Inequality, Racial Equity, Revenue, Seniors, Tax Fairness, Taxes
Health Care Letter: Complicated and overpriced health care systems needs overhaul A single universal system would be simpler and more affordable. Indeed, a study by the Maine Center for Economic Policy in 2019 demonstrated how a state-based healthcare system could […] Bangor Daily News Posted December 1, 2021 Tags Health Care, Inequality
Taxes and Budget Build Back Better Act is the transformative plan Maine needs Rep. Jared Golden opposed the bill in part because he disagreed with a provision lifting the cap on state and local tax deductions. The Maine Center for Economic Policy wrote […] Bangor Daily News Posted December 1, 2021 Tags Budget, Coronavirus, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Letter: Golden right to be concerned about SALT increase As the Maine Center for Economic Policy pointed out in a recent blog post, much of the benefit from the SALT tax would go to the top 1 […] Bangor Daily News Posted November 18, 2021 Tags Budget, Coronavirus, Federal, Tax Breaks, Tax Fairness, Taxes
Jobs and Income Economic burden of the COVID-19 pandemic falls hardest on Mainers of color The pandemic shined a lens on existing racial and gender disparities in Maine and throughout the country during the pandemic, highlighting large differences in access to jobs […] Bangor Daily News Posted November 9, 2021 Tags Coronavirus, Inequality, Job Quality, Jobs, Unemployment
Taxes and Budget Higher taxes on corporations and the wealthiest can secure a lasting recovery for Maine “The Build Back Better legislation offers our members of Congress and senators a chance to deliver real results for Mainers. It’s a chance to lift children out of […] Bangor Daily News Posted September 6, 2021 Tags Budget, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes