Taxes and Budget

Highway fund shortfall highlights the need for sustainable revenue solutions

At a glance: Maine is struggling to fund road improvements and support for communities because it isn’t bringing in enough money to keep up with rising costs […]

James Myall

Posted December 19, 2024

Tags Budget, Revenue, Tax Fairness, Taxes

Taxes and Budget

How will Trump's proposed tariffs impact Maine?

However, Garrett Martin, the president and CEO of the Maine Center for Economic Policy, says the cost of the tariffs will ultimately be passed onto the consumer. […]

WMTW

Posted November 26, 2024

Tags Budget, Federal, Tax Fairness, Taxes

Taxes and Budget

MECEP statement on revised revenue forecast

Maine’s Revenue Forecasting Committee met today to discuss preliminary numbers for their December 1 revenue forecast, which helps policymakers determine the anticipated resources available for Maine’s biennial […]

Posted November 25, 2024

Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Gov. Mills vows lean budget in light of projected revenue shortfall

The progressive research organization Maine Center for Economic Policy would like to see reforms to Maine’s tax code to close the gap, while maintaining funding levels for education, […]

Maine Morning Star

Posted November 25, 2024

Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

As Mills administration plans to ‘get to zero’ on new spending, advocates say a fairer tax code is the way ahead

But that’s the wrong way to look at the situation, says economic analyst James Myall of the Maine Center for Economic Policy (MECEP), in a recent blog post. […]

Beacon

Posted November 21, 2024

Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Wednesday Sit-Down: Impact of Trump tax plan

In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS 13 to discuss the impact of Trump’s tax […]

WGME

Posted November 13, 2024

Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down

Taxes and Budget

Wednesday Sit-Down: Maine's looming 'structural' budget gap

In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS 13 to discuss Maine’s looming “structural” budget gap. […]

WGME

Posted October 16, 2024

Tags Budget, Revenue, Wednesday Sit Down

Taxes and Budget

New budget projections highlight the need to get serious about raising revenue

Update: Read MECEP’s November 25, 2024 statement on the revised revenue forecast. At a glance: Projected budget shortfalls are nothing new Ultimately lawmakers must work with the […]

James Myall

Posted October 7, 2024

Tags Budget, Direct Care Work, Education, Health Care, K-12 Education, Medicaid, Revenue

Jobs and Income, Taxes and Budget

After strong start, organizers hope to expand Maine’s guaranteed income pilot program

Researchers at Columbia University found that the programs can help significantly reduce poverty, even at low guaranteed income rates of $250 per month. It can also help meet basic […]

Maine Morning Star

Posted September 16, 2024

Tags Budget, Guaranteed Income, Poverty

Taxes and Budget

Tax Cuts and Jobs Act expiration is a chance for Tax Fairness to flourish

At a glance: The Tax Cuts and Jobs Act (TCJA) of 2017 expires in 2025, offering Congress a chance to reshape tax policy and reverse regressive measures […]

Maura Pillsbury

Posted September 13, 2024

Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts

Budget

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Highway fund shortfall highlights the need for sustainable revenue solutions

How will Trump's proposed tariffs impact Maine?

MECEP statement on revised revenue forecast

Gov. Mills vows lean budget in light of projected revenue shortfall

As Mills administration plans to ‘get to zero’ on new spending, advocates say a fairer tax code is the way ahead

Wednesday Sit-Down: Impact of Trump tax plan

Wednesday Sit-Down: Maine's looming 'structural' budget gap

New budget projections highlight the need to get serious about raising revenue

After strong start, organizers hope to expand Maine’s guaranteed income pilot program

Tax Cuts and Jobs Act expiration is a chance for Tax Fairness to flourish