Taxes and Budget

Gov. Mills offers compromise to give tax break to 99% of business loan recipients

Garret Martin, executive director of the Maine Center for Economic Policy, said the governor’s proposal creates a tax loophole and costs state revenue that could be better […]

Portland Press Herald

Posted February 9, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Mills says she’ll seek ways to avoid state tax on businesses’ relief loans

But the liberal Maine Center for Economic Policy said the state should reject a “double-dip tax break scheme” for businesses. The organization said making the loans tax-free […]

Portland Press Herald

Posted January 27, 2021

Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Mills’ budget proposal would tax Paycheck Protection Program funds as income

Sarah Austin with the Maine Center for Economic Policy, a left-leaning organization that advocates for economic policies that help low-income Mainers, said many of the federal tax […]

Portland Press Herald

Posted January 25, 2021

Tags Budget

Taxes and Budget

Gov. Mills proposes $8.4 billion, 2-year budget that doesn’t raise taxes

Garrett Martin, executive director of the left-leaning Maine Center for Economic Policy think tank, said the budget is a “strong foundation” for lawmakers. “By protecting jobs and […]

Portland Press Herald

Posted January 8, 2021

Tags Budget

Maine’s Economy

Our View: Buy local, start early for Maine pandemic holiday shopping

Mainers should remember that it’s just as easy to order products from a local business as it is to order from a national online merchant, but the […]

Portland Press Herald

Posted November 22, 2020

Tags Economy, Local

Jobs and Income

Portland voters to decide on $15 minimum wage, plus hazard pay

An estimated 23,500 Portland workers would see a pay increase under the ordinance, including 14,000 workers currently making less than $15 an hour plus another 9,000 who […]

Portland Press Herald

Posted October 14, 2020

Tags Coronavirus, Minimum Wage, Wages

Jobs and Income

State predicts Maine will lose nearly 16,000 jobs by 2028

While a tight labor market may raise wages, Maine would be in a better position if it had more in-migration, said Garrett Martin, executive director of the […]

Portland Press Herald

Posted October 13, 2020

Tags Jobs

Taxes and Budget

Severe recession, without aid, could shrink Maine government revenue for years

The potential for a deep, prolonged recession has sparked more calls from some analysts and Maine’s congressional delegation for federal stimulus that includes local government funding to […]

Portland Press Herald

Posted September 28, 2020

Tags Budget, Federal, Recession, Revenue

Taxes and Budget

Maine leaders urge Congress to end gridlock on COVID-19 relief package

Democratic leaders and White House officials met Friday for the 10th time in 12 days, but those talks broke down again as the two sides remained hundreds of billions […]

Portland Press Herald

Posted August 7, 2020

Tags Coronavirus, Federal, Recession, Unemployment

Jobs and Income

As safety net disappears, out-of-work Mainers plead for more help

Some workers collecting jobless benefits are genuinely waiting to be recalled to their old jobs, Myall said. Others may have a hard time finding adequate childcare or […]

Portland Press Herald

Posted July 27, 2020

Tags Coronavirus, Federal, Unemployment

Portland Press Herald

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Gov. Mills offers compromise to give tax break to 99% of business loan recipients

Mills says she’ll seek ways to avoid state tax on businesses’ relief loans

Mills’ budget proposal would tax Paycheck Protection Program funds as income

Gov. Mills proposes $8.4 billion, 2-year budget that doesn’t raise taxes

Our View: Buy local, start early for Maine pandemic holiday shopping

Portland voters to decide on $15 minimum wage, plus hazard pay

State predicts Maine will lose nearly 16,000 jobs by 2028

Severe recession, without aid, could shrink Maine government revenue for years

Maine leaders urge Congress to end gridlock on COVID-19 relief package

As safety net disappears, out-of-work Mainers plead for more help