Taxes and Budget Impacts of proposed income tax rate reduction House and Senate Republicans are demanding income tax cuts be part of the budget, and Democrats in the legislature were right to make sure they didn’t have […] MECEP Posted March 29, 2023 Tags Income Tax, Inequality, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Maine should tax big corporate tax dodgers This year, Congress made a big change to how massive corporations — those with profits over $1 billion — are taxed by establishing a “real profits tax” […] Maura Pillsbury Posted March 27, 2023 Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Jobs and Income, Maine’s Economy Predatory Lending — An Explainer What is predatory lending? Lenders are considered predatory when they use practices that involve fraudulent, unfair, and abusive loan terms, including ultra-high interest rates and fees, aggressive […] Karin Leuthy Posted March 24, 2023 Tags Consumer Protection, Economic Security, Explainer, Inclusive Economy, Predatory Lending
Maine’s Economy MECEP Map: Economic Insights for Maine’s Legislative Districts 2023 2023 State of the Districts Dive into the data to discover the economic trends in Maine’s legislative districts, and how they compare with other regions in Maine. […] James Myall Posted March 6, 2023 Tags Economic Security, Economy
Taxes and Budget Modernize the spending cap to meet the moment The state budget allows us to make important investments in the future of our state and all Mainers by funding our schools, health care, infrastructure, and communities. […] Maura Pillsbury Posted February 16, 2023 Tags Budget, Economic Security, Economy
Jobs and Income Legislative commission recommends strong, progressive paid family leave program for Maine On February 7, the Commission to Develop a Paid Family and Medical Leave Benefits Program issued its final report, concluding more than a year of work examining […] James Myall Posted February 14, 2023 Tags Economic Security, Economy, Family and Medical Leave, Job Quality, Jobs
Taxes and Budget GRAPHIC SERIES: Yes, a state budget can change lives Governor Mills’ budget proposal lays the foundation for Maine people and communities. State lawmakers can strengthen Maine’s economy even more — and make sure no one gets […] MECEP Posted January 30, 2023 Tags Budget, Caregiving, Child Tax Credit, Children, Education, Graphic Series, Housing
Taxes and Budget Maine again has a chance to stop corporations from avoiding taxes Last year, Congress failed to pass a proposal to limit corporations from avoiding income tax by reforming how corporate income taxes are determined. But the Maine legislature […] Maura Pillsbury Posted January 30, 2023 Tags Revenue, Tax Fairness, Tax Havens, Taxes
Taxes and Budget Gov. Mills' proposed budget protects wellbeing. Lawmakers should choose to do more. Governor Mills’ proposed budget for the coming biennium makes important investments in the health, education, and financial security of Maine people. In the coming months, lawmakers should […] Josie Phillips Posted January 24, 2023 Tags Budget, Child Tax Credit, Children, Economic Security, Economy, Education, Higher Education, Housing
Maine’s Economy Rising prices ease but more work remains to improve economic security for Mainers Price increases significantly moderated in the second half of 2022 For the first time since the COVID-19 pandemic began, the monthly US Consumer Price Index (CPI) declined […] Arthur Phillips Posted January 13, 2023 Tags Economy, Inflation