Maine’s Economy, Taxes and Budget Why progressives can’t stop pushing Maine Democrats Tax cuts passed under LePage have cost the state $864 million in lost revenuewhich, according to the Maine Center for Economic Policy, has been distributed moslty to the […] Beacon Posted July 12, 2019 Tags Revenue, Taxes
Taxes and Budget After tax credit bill passes, 100,000 Mainers set to get an income boost in 2020 “In our out-of-balance tax code, the poor pay more than the wealthiest residents of our state,” said Sarah Austin, a policy analyst for the Maine Center for […] Beacon Posted June 20, 2019 Tags EITC, Tax Fairness
Taxes and Budget Final budget marks gains in property tax relief, healthcare, but fails to un-rig tax code “Reversing LePage-era tax cuts for the wealthiest would have put budget negotiators in a position to fully fund, for the first time ever, our children’s schools and […] Beacon Posted June 15, 2019 Tags Budget, Health Care, Property Tax, Tax Fairness
Education, Jobs and Income ‘Student Loan Bill of Rights’ will protect Maine students from predatory lenders “This bill will prevent giant financial corporations from padding their bottom lines by preying on Mainers who just want to responsibly pay down their student debt,” Maine […] Beacon Posted June 11, 2019 Tags Consumer Protection, Higher Education, Student Debt
Taxes and Budget Tax breaks for wealthy may beat out health, education, opioid response in Maine budget The administration’s proposal did not call for repealing the LePage-era tax breaks for high-income earners, and the committee is not likely to pursue other sources of new […] Beacon Posted June 5, 2019 Tags Tax Breaks
Taxes and Budget Coalition of Maine groups demands roll-back of LePage tax breaks for wealthy With state budget negotiations on the horizon, a newly formed coalition of 22 Maine organizations and elected officials, called the Prosperity Coalition, held a press conference Thursday […] Beacon Posted May 10, 2019 Tags Revenue, Tax Breaks, Tax Fairness
Jobs and Income Gideon’s bill would make Maine a national leader on paid family leave If passed, the program would cover 95 percent of private employees and offer up to 12 weeks of paid family leave, as well as 20 weeks of […] Beacon Posted April 19, 2019 Tags Job Quality, Paid Sick Days
Taxes and Budget Firefighters, city officials say Mills’ budget shortchanges municipalities With the cut to revenue sharing, Mills may end up continuing the legacy of her predecessor, Governor LePage, who shifted state tax reliance away from the income […] Beacon Posted March 20, 2019 Tags Budget
Jobs and Income Maine Republicans attempt to roll back wages for younger workers During Monday’s hearing before the legislature’s Labor and Housing Committee, proponents of Maine’s minimum wage law pointed to economic data showing how the state has fared overall […] Beacon Posted March 18, 2019 Tags Minimum Wage, Wages
Jobs and Income Analysis: GOP plan would reduce paid sick protections for 190,000 Maine workers An initial analysis by the Maine Center for Economic Policy found that 57,000 Maine workers who would be covered by Sen. Millett’s bill would be denied any ability to […] Beacon Posted March 12, 2019 Tags Paid Sick Days