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
Jobs and Income Minimum wage increase will boost pay for nearly 171,000 Mainers in 2020 CONTACT: Mario Moretto mario@mecep.org (207) 620-1101 Increase to $12 per hour will lift low-wage Mainers’ earnings by $158 million AUGUSTA, Maine — Workers with low wages will receive […] Posted December 30, 2019 Tags Minimum Wage, Wages
Jobs and Income, Maine’s Economy NEW REPORT: Rosy economic indicators mask Mainers' lived experience in workforce AUGUSTA, Maine — Household earnings and GDP are up. Unemployment and poverty are down. But do these indicators really describe the ground-level experience of Maine’s working families […] Posted December 18, 2019 Tags Economic Security, Economy, Job Quality
Taxes and Budget NEW REPORT: Big-box stores roll out new effort to get out of Maine property taxes Large retailers are pushing ‘dark store theory’ to manipulate property valuations, shortchanging town budgets and leaving other taxpayers holding the bill AUGUSTA, Maine — Large retail chains are […] Posted October 31, 2019 Tags Property Tax, Tax Breaks
Taxes and Budget NEW REPORT: Maine reaches new milestone on the road to tax fairness Mainers who earn the least will no longer pay more of their income to taxes than those who earn the most AUGUSTA, Maine — Starting in 2020 […] Posted September 4, 2019 Tags EITC, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget STATEMENT: EITC expansion will boost economic security for roughly 100,000 Maine households CONTACT Mario Moretto mario@mecep.org 207-620-1101 AUGUSTA, Maine — Sarah Austin, policy analyst at Maine Center for Economic Policy, released the following statement regarding the unanimous enactment Thursday […] Posted June 20, 2019 Tags Economic Security, EITC, Tax Fairness