Taxes and Budget Policy Brief: Are Tax Giveaways Worth the Money? Download the PDF version FULL REPORT SUMMARY Maine forgoes billions of dollars in revenue each year by giving out tax breaks. These tax giveaways are costly and […] Maura Pillsbury Posted May 1, 2023 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Health Care, Jobs and Income, Maine’s Economy, Taxes and Budget The High Cost of Undervaluing Direct Care Work Download the PDF version full report Summary Maine’s direct care workforce is in a fragile state. Low reimbursement rates for direct care work result in low pay, […] MECEP Posted April 26, 2023
Taxes and Budget Taxes are complicated, but the way we think about tax policy doesn’t have to be When we all pitch in to pay for the services and infrastructure that build a thriving economy, everyone benefits. But if some people and corporations don’t pay […] MECEP Posted April 14, 2023 Tags Economy, Income Tax, Tax Fairness, Taxes
Jobs and Income Rent-a-bank schemes would undercut Maine’s borrower protections Maine has a long tradition of consumer protection, drawing on a shared commitment to transparency and fairness for borrowers. Lawmakers recently extended Maine’s track record by shoring […] Arthur Phillips Posted April 10, 2023 Tags Consumer Protection, Economic Security, Predatory Lending, Racial Equity
Taxes and Budget It’s time to shine a light on corporate tax avoidance When corporations don’t pay what they owe in taxes, Maine people, communities, and small businesses end up footing the bill. As Maine Center for Economic Policy has […] Maura Pillsbury Posted April 10, 2023 Tags Corporate Power, Economy, Income Tax, Inequality, Tax Breaks, Tax Fairness
Continuing services budget provides stability to Maine communities and economy Two weeks ago, the Joint Committee on Appropriations and Financial Affairs decided the budget for the upcoming two years would be divided into two parts: a “continuing […] Josie Phillips Posted April 3, 2023 Tags Budget, Caregiving, Children, Education, Health Care, Wages
Jobs and Income Improved scheduling practices give workers more stability Workers are the engines of the economy. Their labor, skills and contributions make the economy run, and it’s time for their hard work to result in livable […] James Myall Posted April 3, 2023 Tags Job Quality, Jobs
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