STATEMENT: Grim job loss forecast worsens as two-week unemployment claims exceed 2019 total

AUGUSTA, Maine — Maine will lose more than 87,000 jobs by the end of June as efforts to contain the coronavirus make normal economic activity all but impossible, according […]

Posted April 2, 2020

Tags Coronavirus, Economic Security, Jobs, Unemployment

Jobs and Income, Maine’s Economy

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

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STATEMENT: Grim job loss forecast worsens as two-week unemployment claims exceed 2019 total

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