Taxes and Budget RELEASE: No double-dip tax breaks for businesses that received PPP grants AUGUSTA, Maine — Powerful business special interests are pushing the state to enact a double-dip tax break scheme that would take $100 million away from Maine’s COVID […] Posted January 27, 2021 Tags Budget, Coronavirus, Federal, Tax Breaks, Taxes
Jobs and Income Save Our Storefronts – The Fight For Rent Relief For Small Businesses One Story At A Time In New York alone, small businesses employ 50.2% of the state’s workforce, according to the Small Business Trends website. Small businesses also support their local economies. For every […] Bkylner Posted January 27, 2021 Tags Coronavirus, Economy
Taxes and Budget Mills says she’ll seek ways to avoid state tax on businesses’ relief loans But the liberal Maine Center for Economic Policy said the state should reject a “double-dip tax break scheme” for businesses. The organization said making the loans tax-free […] Portland Press Herald Posted January 27, 2021 Tags Budget, Coronavirus, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Officials Say Maine Can't Forgo Taxes From Paycheck Protection Funds. Republicans Are Crying Foul “The treatment in the change package is revenue neutral,” she says. “It is not a tax increase on businesses. It is submitting a double benefit.” Austin says […] Maine Public Posted January 25, 2021 Tags Budget
Taxes and Budget Mills’ budget proposal would tax Paycheck Protection Program funds as income Sarah Austin with the Maine Center for Economic Policy, a left-leaning organization that advocates for economic policies that help low-income Mainers, said many of the federal tax […] Portland Press Herald Posted January 25, 2021 Tags Budget
Jobs and Income Maine Republicans introduce eight bills to roll back minimum wage increases “The record for Maine’s voter-approved minimum wage law is clear: Boosting the minimum wage has improved living conditions for working families, decreased child poverty, and strengthened Maine’s economy,” […] Beacon Posted January 21, 2021 Tags Minimum Wage, Wages
Jobs and Income Court case begins in Portland to settle hazard pay disputes An independent study by the Maine Center for Economic Policy, a liberal think tank, found that at least 9,700 workers would be impacted by the emergency hazard […] Bangor Daily News Posted January 20, 2021 Tags Coronavirus, Incomes, Wages
Education A Third Of Maine Student Loan Borrowers Could Have Their Debt Eliminated Under Plan Floated By Biden Jody Harris, the associate director of the left-leaning Maine Center for Economic Policy, said that cancelling debt could be particularly important for borrowers facing financial distress, who may be at […] Maine Public Posted January 20, 2021 Tags Federal, Higher Education, Student Debt
Taxes and Budget Lawmakers, advocates see Mills’ ‘flat’ budget as a starting point for negotiations The governor’s plan relies heavily on federal dollars for its COVID-19 health response and rebuilding from the economic crisis. Any federal relief that comes to the state […] Beacon Posted January 15, 2021 Tags Budget
Taxes and Budget Gov. Mills’ proposed budget analyzed Gov. Janet Mills presented a two-year $8.3 billion budget to the Legislature Friday, but analysts say there is room for growth. “We are now in a […] Fox Bangor Posted January 11, 2021 Tags Budget