Education

Federal student debt cancellation helps 177,000 Mainers who need help the most

Maine Center for Economic Policy (MECEP) celebrates President Biden’s plan to forgive federal student loans — up to $20,000 for people who went to college on Pell […]

Posted August 24, 2022

Tags Economic Security, Economy, Education, Federal, Incomes, Jobs, Racial Equity, Student Debt

Taxes and Budget

Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill

The bill, named the Inflation Reduction Act, was hailed by analysts in Maine, who said the tax and health care provisions would help create a more fair […]

Beacon

Posted August 17, 2022

Tags Budget, Federal, Tax Fairness, Taxes

Taxes and Budget

MECEP applauds the enactment of the “Inflation Reduction Act”

“The Inflation Reduction Act will ensure wealthy corporations making record profits pay their fair share. It will bring down the cost of prescription drugs for older Mainers […]

Posted August 16, 2022

Tags Economy, Federal, Inequality, Inflation, Tax Fairness, Taxes

Taxes and Budget

Report: Millionaires didn’t flee when tax rates increased in certain states

“When social ties are strong, fiscal and financial incentives have a smaller playing field and less influence on individual behavior,” the authors argue, adding that “embeddedness allows […]

Beacon

Posted August 12, 2022

Tags Tax Fairness, Taxes

Taxes and Budget

What the Inflation Reduction Act means for Maine

Stateside advocates like King, the liberal Maine Center for Economic Policy and Maine Senate President Troy Jackson, D-Allagash, say the bill will reduce costs for Mainers on utilities and health care, […]

Bangor Daily News

Posted August 8, 2022

Tags ARPA, Federal, Health Care, Inflation, Taxes

Taxes and Budget

MECEP statement on federal “Inflation Reduction Act”

Maine Center for Economic Policy (MECEP) applauds the proposed “Inflation Reduction Act” recently announced by US Senators Chuck Schumer and Joe Manchin and urges Maine’s Congressional delegation […]

Posted August 1, 2022

Tags Corporate Power, Economic Security, Economy, Federal, Health Care, Income Tax, Inflation, Medicare, Tax Fairness, Taxes

Maine’s Economy

Podcast: The corporate profiteering behind inflation and what we can do about it

Jin Woo Chung, senior economist for the Groundwork Collaborative and James Myall, policy analyst for the Maine Center for Economic Policy join host Cate Blackford to discuss rising prices, […]

Beacon

Posted July 29, 2022

Tags Inflation

Taxes and Budget

Maine residents can get up to $850 in direct relief checks — more than any other state

“As housing, food, and energy costs have increased, the stimulus checks will be a big help for low-income households struggling to cover higher costs,” Sarah Austin, director […]

Business Insider India

Posted July 26, 2022

Tags Economic Security, Inflation

Maine’s Economy

Context on inflation and corporate profits ahead of Consumer Price Index release

AUGUSTA, Maine (July 12, 2022) — Ahead of Wednesday’s release of the U.S. Bureau of Labor Statistics June 2022 Consumer Price Index data, inflation is expected to remain […]

Posted July 12, 2022

Tags Corporate Power, Economy, Inflation

Taxes and Budget

Paul LePage’s new plan for his old tax cut ideas

His last budget proposal in 2017 was criticized by the Maine Center for Economic Policy, which said it would raise taxes on 80 percent of Mainers when […]

Bangor Daily News

Posted July 6, 2022

Tags Budget, Income Tax, Taxes

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Federal student debt cancellation helps 177,000 Mainers who need help the most

Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill

MECEP applauds the enactment of the “Inflation Reduction Act”

Report: Millionaires didn’t flee when tax rates increased in certain states

What the Inflation Reduction Act means for Maine

MECEP statement on federal “Inflation Reduction Act”

Podcast: The corporate profiteering behind inflation and what we can do about it

Maine residents can get up to $850 in direct relief checks — more than any other state

Context on inflation and corporate profits ahead of Consumer Price Index release

Paul LePage’s new plan for his old tax cut ideas