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
Jobs and Income, Taxes and Budget Income of wealthiest in Maine nearly doubled from 2019 to 2020, report shows Sarah Austin, director of policy and research at the Maine Center for Economic Policy, said because there weren’t any big changes to the tax code between those […] Beacon Posted December 2, 2021 Tags Incomes, Inequality, Tax Fairness
Jobs and Income Editorial: Removing workforce barriers Last week, the Maine Center for Economic Policy, a liberal-leaning think tank, released a report titled “State of Working Maine” and in it detailed the impact of the pandemic on […] Mount Desert Islander Posted December 2, 2021 Tags Coronavirus, Inequality, Job Quality, Jobs, Racial Equity, Unemployment, Wages
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 Golden votes no as House passes landmark social spending bill After months of debate, the U.S. House early Friday passed President Joe Biden’s landmark social spending bill, which will invest $1.85 trillion in child care, health care, […] Beacon Posted November 19, 2021 Tags Budget, Children, Coronavirus, Federal, Health Care
Jobs and Income Maine records slight job gains in October as labor crunch continues Gov. Janet Mills’ announcement this week that all Maine adults are eligible for a vaccine booster shot could help improve the state’s job recovery, said Arthur Phillips, […] Portland Press Herald Posted November 19, 2021 Tags Coronavirus, Federal, Jobs
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
Maine’s Economy Opinion: Rising prices is exactly why we must pass Build Back Better While the rising cost of living may appear worrying at first, it is important to keep the wider economic context for families in mind. Existing federal relief […] Beacon Posted November 17, 2021 Tags Coronavirus, Economy, Federal
Taxes and Budget You have until midnight to apply for the Expanded Child Tax Credit According to the Maine Center for Economic Policy, the new format has allowed more Maine families to benefit. “There are a lot of benefits the government has […] WABI Posted November 15, 2021 Tags Children, Tax Fairness, Taxes