Maine’s Economy, Taxes and Budget Undocumented immigrants contribute millions in taxes to Maine economy, new study finds “With a plateauing workforce and an aging population, Maine should welcome everyone who wants to work,” said Garrett Martin, president and CEO of the Maine Center for Economic […] MaineBiz Posted July 31, 2024 Tags Immigration, Taxes
Jobs and Income Mainers are woefully underserved by home and institutional nursing care, report says The study, published this week, was written by Arthur Phillips, an analyst with the Maine Center for Economic Policy, a research and policy organization in Augusta. Thousands […] MaineBiz Posted June 20, 2024 Tags Caregiving, Direct Care Work, Employment, Job Quality, Jobs
Jobs and Income, Maine’s Economy Think tank warns that Maine's 'plateauing workforce' will hamper economic growth Maine’s “plateauing workforce” is the state’s biggest economic challenge, according to a new report by the Maine Center for Economic Policy. The report, entitled “State of Working […] MaineBiz Posted November 27, 2023 Tags Economic Security, Economy, Employment, Job Quality, Jobs
Taxes and Budget Op-ed: We all pay the price for ineffective corporate tax giveaways The cost of ill-conceived and opaque subsidies is high. Business tax giveaways shift costs onto taxpayers, take money from other important priorities and perpetuate wealth inequality by […] MaineBiz Posted April 4, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal The program is again up for renewal, and voices of support and opposition came out to be heard at a Feb. 15 public hearing convened by the Joint […] MaineBiz Posted March 3, 2023 Tags Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal “This program has been extended and redesigned many times, and yet, evaluations from the Legislature’s watchdog agency determined that the program is unable to show evidence of […] MaineBiz Posted March 3, 2023 Tags Taxes
Jobs and Income, Maine’s Economy Despite recovery, there are still weaknesses in the economy A new report from the Maine Center for Economic Policy says indicators point to a near-full economic recovery two years after the start of the pandemic. But […] MaineBiz Posted October 13, 2022 Tags Economic Security, Economy, Job Quality, Jobs
Taxes and Budget Group urges $400M annual revenue boost to solve Maine poverty, equity issues The letter urges lawmakers to commit to raising $400 million in new revenue annually. While that figure would not meet all of Maine’s unmet needs, it would allow […] MaineBiz Posted February 26, 2021 Tags Budget
Taxes and Budget Mills' $111M 'Back to Work' bond proposal gets backing from business leaders “The governor is right that we cannot cut our way to prosperity,” said Garrett Martin, of the Maine Center for Economic Policy. “That was the approach her […] MaineBiz Posted February 25, 2021 Tags Budget
Maine’s Economy Maine renters are at lowest danger of getting evicted, national study shows MaineHousing, which has partnered on the state to administer $28.4 million in rental assistance, said in November that 14,000 Mainers had taken advantage of the program, which […] MaineBiz Posted December 31, 2020 Tags Coronavirus, Housing