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
Maine’s Economy Statehouse rally will push for passage of bills advancing women’s economic rights James Myall, a policy analyst with Maine Center for Economic Policy, said that women tend to see worse economic outcomes because of the expectations that society still […] Beacon Posted March 11, 2020 Tags Economy, Inequality
Jobs and Income Maine trade groups lash out against proposed increase in overtime pay eligibility Supporters of increased overtime protections say arguments that the measure will sink Maine’s economy and force businesses out are reminiscent of the talking points issued by those […] Portland Press Herald Posted March 11, 2020 Tags Job Quality, Jobs, Overtime
Maine’s Economy Legislative jab at big-box retailers' 'dark store theory' up for decision Most towns and cities don’t have the resources to fight appeals that a denied assessment for large national corporation might bring, said Sarah Austin, lead policy analyst […] MaineBiz Posted March 11, 2020 Tags Property Tax, Taxes
Taxes and Budget Mainers coming together to fight inequality throughout state A new bill advocates want to see put in place would tax wealthy estates more than $2 million to fund things such as education and local services. […] Fox Bangor Posted March 5, 2020 Tags Inequality, Tax Breaks, Tax Fairness, Taxes
Jobs and Income Letter to the editor: To ensure that Maine workers get paid for OT work, support L.D. 402 The system, as it is, encourages abuse by employers. Raising the minimum compensation requirement would end corporations gaming the system. The Maine Center for Economic Policy states […] Portland Press Herald Posted March 4, 2020 Tags Job Quality, Overtime, Wages
Taxes and Budget Rollback of LePage’s estate tax cut for multi-millionaires would raise $14 million The estate tax threshold is currently set at $5.8 million for any individual who has property in Maine, meaning that up to $5.8 million of a person’s […] Beacon Posted March 2, 2020 Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes
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 Report: Large corporations abusing offshore tax havens cost Maine $52 million annually Massive corporations like Google, Apple, and Exxon Mobil are avoiding their fair share of taxes by using shell companies in offshore tax havens, costing Maine $52 million […] The Center Square Posted February 20, 2020 Tags Revenue, Tax Breaks, Taxes
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