Maine’s Economy U.S. Trans Survey is a vital resource for the transgender community and policymakers All Mainers benefit when the best information is available to develop policy solutions that address discrimination and inequities in the state. Unfortunately, despite widespread recognition of the […] Josie Phillips Posted September 22, 2022 Tags Economic Security, Economy, Employment, Gender, Inclusive Economy, Incomes, Inequality, Jobs
Taxes and Budget Tax freeze program fails to focus on older Mainers who need it most All older Mainers deserve access to safe and affordable housing, without the fear of being unable to pay their bills or losing their home as they age. […] Maura Pillsbury Posted September 8, 2022 Tags Economy, Housing, Income Tax, Incomes, Property Tax, Seniors, Taxes
Taxes and Budget Pension exemptions benefit wealthy households and compromise resources This year, lawmakers included a tax change in the state’s budget that will significantly expand tax benefits for pension recipients in Maine. Beginning in 2023, pension recipients […] Sarah Austin Posted August 25, 2022 Tags Income Tax, Incomes, Revenue, Tax Fairness, Taxes
Jobs and Income ANALYSIS: Portland 2022 Minimum Wage Initiative Analysis of the likely impacts of an initiative proposed by Maine DSA to increase the minimum wage in Portland to $18 an hour by 2025; to phase […] MECEP Posted August 23, 2022 Tags Economy, Jobs, Minimum Wage, Wages
Health Care, Jobs and Income, Taxes and Budget The Inflation Reduction Act makes our tax code fairer, tackles the climate crisis, and makes health care more affordable for Mainers On Sunday, the US Senate passed the Inflation Reduction Act, a bill which promises to make historic investments in clean energy, long-awaited fixes to our upside-down tax […] James Myall Posted August 11, 2022 Tags Federal, Health Care, Inflation, Tax Fairness, Taxes
Taxes and Budget A recent history of Maine’s swiftly evolving tax code For most of the 1990s and 2000s, Maine’s tax code remained relatively stable. Corporate and income tax rates were unchanged and except for modifications to how the […] Sarah Austin Posted August 4, 2022 Tags Budget, EITC, Income Tax, Property Tax, Revenue, Sales Tax, Tax Fairness, Taxes
Taxes and Budget Lack of corporate tax transparency hurts Maine When corporations receive lucrative tax incentives and fail to pay their fair share in taxes, they profit from the hard work of Mainers and exploit the resources […] Maura Pillsbury Posted July 5, 2022 Tags Economy, Income Tax, Tax Fairness, Taxes
Maine’s Economy GRAPHIC SERIES: Prices are rising and Mainers are feeling the pinch Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. This mismatch is the result […] MECEP Posted July 5, 2022 Tags Corporate Power, Economy, Graphic Series, Inflation
Maine’s Economy Feeling the Pinch: Inflation and corporate consolidation Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. The mismatch between Mainers […] James Myall Posted June 20, 2022 Tags Children, Consumer Protection, Economic Security, Economy, Food Insecurity, Inflation, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Federal Reserve data shows improved financial wellbeing, particularly among parents, in 2021 The expanded Child Tax Credit, which put more money into parents’ pockets and dramatically reduced childhood poverty, expired at the end of last year Last month, the […] Arthur Phillips Posted June 14, 2022 Tags Child Tax Credit, Children, Economic Security, Federal, Food Insecurity