NEW REPORT: Downturn from coronavirus poised to dwarf the Great Recession

New recession will bring unprecedented job loss and GDP decline as economically disruptive measures remain necessary to save lives AUGUSTA, Maine — The coronavirus pandemic will bring a […]

Posted April 1, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Jobs and Income, Maine’s Economy

New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout

Scale and scope of relief from Congress, Trump administration will determine the human toll of the coronavirus-fueled recession AUGUSTA, Maine — As the coronavirus pushes the nation into […]

Posted March 26, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Jobs and Income, Maine’s Economy

MECEP statement on Legislature's coronavirus relief efforts

AUGUSTA, Maine — Garrett Martin, executive director of Maine Center for Economic Policy, released the following statement in response to the Legislature’s coronavirus relief efforts on Tuesday: “A […]

Posted March 18, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Jobs and Income, Maine’s Economy

STATEMENT: MECEP praises Gov. Mills' effort to limit health care costs in wake of novel coronavirus pandemic

AUGUSTA, Maine — Garrett Martin, executive director at the Maine Center for Economic Policy, released the following statement in response to Gov. Janet Mills’ announced state action […]

Posted March 12, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Taxes and Budget

NEW REPORT: Wealth inequality is a growing problem. Fixing our watered-down estate tax will help solve it.

LD 420 would bring Maine in line with other New England states’ efforts to tax wealth AUGUSTA, Maine — Wealth taxes are one of the most effective […]

Posted February 27, 2020

Tags Estate Tax

Taxes and Budget

STATEMENT: Amended tax havens bill would close corporate tax loophole handed down by Trump Tax Cuts

FOR IMMEDIATE RELEASE: February 19, 2020 AUGUSTA, Maine — Sarah Austin, tax and budget policy analyst at Maine Center for Economic Policy, released the following statement regarding […]

Posted February 19, 2020

Tags Tax Breaks

Jobs and Income

NEW REPORT: Overtime bill would guarantee living wage for Mainers who work long hours

LD 402 would boost middle-class wages by $8.8 million and guarantee overtime pay for all workers who earn less than $55,000 AUGUSTA, Maine — A bill before […]

Posted February 11, 2020

Tags Overtime, Wages

Taxes and Budget

NEW REPORT: Offshore tax haven abuse costs Maine up to $52 million annually

Maine does not need to wait for federal action to stop corporate tax avoidance AUGUSTA, Maine — Huge, multinational corporations such as Apple, Pfizer, Exxon Mobil and Google […]

Posted February 6, 2020

Tags Property Tax, Taxes

Taxes and Budget

Up to $6,885 available to low-income, working Mainers — but only if they file their taxes

The Earned Income Tax Credit is a boost for Mainers and our economy AUGUSTA, Maine — Workers with low incomes could receive up to $6,885 because of […]

Posted February 4, 2020

Tags EITC, Taxes

Taxes and Budget

Governor's supplemental budget plan moves in the right direction

State could make even greater progress if policymakers addressed persistent revenue challenges AUGUSTA, Maine — Garrett Martin, executive director of Maine Center for Economic Policy, released the […]

Posted February 3, 2020

Tags Budget

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NEW REPORT: Downturn from coronavirus poised to dwarf the Great Recession

New MECEP report outlines policy priorities for federal response to COVID-19's economic fallout

MECEP statement on Legislature's coronavirus relief efforts

STATEMENT: MECEP praises Gov. Mills' effort to limit health care costs in wake of novel coronavirus pandemic

NEW REPORT: Wealth inequality is a growing problem. Fixing our watered-down estate tax will help solve it.

STATEMENT: Amended tax havens bill would close corporate tax loophole handed down by Trump Tax Cuts

NEW REPORT: Overtime bill would guarantee living wage for Mainers who work long hours

NEW REPORT: Offshore tax haven abuse costs Maine up to $52 million annually

Up to $6,885 available to low-income, working Mainers — but only if they file their taxes

Governor's supplemental budget plan moves in the right direction