Democrats weigh repeal of tax breaks for wealthy as downturn threatens state services

Maine’s state budget is facing an estimated 30-percent revenue decline in the next fiscal year from the economic shock of the COVID-19 pandemic, the Maine Center for […]

Beacon

Posted May 11, 2020

Tags Budget, Economy, Tax Breaks, Taxes

Maine’s Economy

Maine’s economic recovery panel includes 20 business leaders, one worker representative

The group is chaired by Josh Broder, CEO of Tilson, a Portland IT firm, and Laurie Lachance, president of Thomas College and a former state economist. Members […]

Beacon

Posted May 9, 2020

Tags Economy, Recession

Maine’s Economy

Maine DOL: Workers in re-opened industries could lose unemployment if they don’t return to work

According to recent calculations made by the Maine Center for Economic Policy, more than 108,520 Mainers have filed for unemployment over five weeks, putting the state unemployment […]

Beacon

Posted April 30, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy

Beacon podcast: Maine’s pandemic recession will be fastest, deepest in modern history

Sarah Austin of the Maine Center for Economic Policy joins the podcast this week to discuss her new report on the economic ramifications of the pandemic on Maine and […]

Beacon

Posted April 3, 2020

Tags Coronavirus, Economy, Recession

Jobs and Income, Maine’s Economy

Focus on Collins as Senate makes paid sick days a sticking point in coronavirus response

On Saturday, the U.S. House approved an emergency package providing free testing for the COVID-19 virus, enhanced unemployment benefits, and two weeks of paid sick days for just some […]

Beacon

Posted March 17, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Paid Sick Days, Recession, Unemployment

Jobs and Income, Maine’s Economy

BIW criticized for offering only unpaid leave to workers

The offer of unpaid leave made by BIW, a subsidiary of General Dynamics, the U.S.’s fifth-largest defense contractor, was immediately condemned on social media. “BIW’s parent company made […]

Beacon

Posted March 16, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Paid Sick Days, Recession, Unemployment

Maine’s Economy

Statehouse rally will push for passage of bills advancing women’s economic rights

James Myall, a policy analyst with Maine Center for Economic Policy, said that women tend to see worse economic outcomes because of the expectations that society still […]

Beacon

Posted March 11, 2020

Tags Economy, Inequality

Taxes and Budget

Rollback of LePage’s estate tax cut for multi-millionaires would raise $14 million

The estate tax threshold is currently set at $5.8 million for any individual who has property in Maine, meaning that up to $5.8 million of a person’s […]

Beacon

Posted March 2, 2020

Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes

Jobs and Income

Workers, small business owners deliver 2,000 petitions backing overtime pay restoration

MECEP released a report Tuesday detailing the economic case for lifting the salary threshold, which includes an estimated $8.8 million annual wage boost for Maine workers. “We do see […]

Beacon

Posted February 12, 2020

Tags Overtime

Jobs and Income

LePage staffer forced to answer same invasive questions he asked SNAP recipients

Adolphsen was appointed to the Maine DHHS post by former commissioner Mary Mayhew in December 2013. One year later, the LePage administration introduced the new work requirements. According […]

Beacon

Posted February 12, 2020

Tags Food Insecurity, SNAP

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Democrats weigh repeal of tax breaks for wealthy as downturn threatens state services

Maine’s economic recovery panel includes 20 business leaders, one worker representative

Maine DOL: Workers in re-opened industries could lose unemployment if they don’t return to work

Beacon podcast: Maine’s pandemic recession will be fastest, deepest in modern history

Focus on Collins as Senate makes paid sick days a sticking point in coronavirus response

BIW criticized for offering only unpaid leave to workers

Statehouse rally will push for passage of bills advancing women’s economic rights

Rollback of LePage’s estate tax cut for multi-millionaires would raise $14 million

Workers, small business owners deliver 2,000 petitions backing overtime pay restoration

LePage staffer forced to answer same invasive questions he asked SNAP recipients