Taxes and Budget Sen. King joins Democratic legislators in call for tax fairness at state and federal level Fecteau and Terry spoke about the tax landscape in Maine and the importance of creating a fairer system in the state. During the panel discussion, Sarah Austin, […] Beacon Posted February 2, 2022 Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget How corporations made inflation worse and why Build Back Better could help Fortunately, the rising costs of energy, cars and a host of other goods show signs of easing in the year ahead. The price of gas peaked in November at […] Bangor Daily News Posted January 28, 2022 Tags Budget, Coronavirus, Economic Security, Economy, Federal
Taxes and Budget Report: Only a third of PPP money went to the workers it was intended for Keeping in line with previously released data that demonstrated that PPP loans overwhelmingly went to big businesses, the new study found that the loans were inefficient in their […] Beacon Posted January 26, 2022 Tags Budget, Federal, Jobs
Maine’s Economy, Taxes and Budget Lawmakers should use surplus revenue to help Mainers who need it most “Policies that get cash in the hands of the households that need it most have been central to reducing economic harm and fueling a faster recovery. Maine lawmakers, following the […] Bangor Daily News Posted December 21, 2021 Tags Budget, Economic Security, Economy, Inequality, Racial Equity, Revenue, Seniors, Tax Fairness, Taxes
Taxes and Budget Build Back Better Act is the transformative plan Maine needs Rep. Jared Golden opposed the bill in part because he disagreed with a provision lifting the cap on state and local tax deductions. The Maine Center for Economic Policy wrote […] Bangor Daily News Posted December 1, 2021 Tags Budget, Coronavirus, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Golden votes no as House passes landmark social spending bill After months of debate, the U.S. House early Friday passed President Joe Biden’s landmark social spending bill, which will invest $1.85 trillion in child care, health care, […] Beacon Posted November 19, 2021 Tags Budget, Children, Coronavirus, Federal, Health Care
Taxes and Budget Letter: Golden right to be concerned about SALT increase As the Maine Center for Economic Policy pointed out in a recent blog post, much of the benefit from the SALT tax would go to the top 1 […] Bangor Daily News Posted November 18, 2021 Tags Budget, Coronavirus, Federal, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Amending Build Back Better to lift SALT cap would undermine tax fairness As President Biden’s Build Back Better plan moves forward, Congressional leaders are considering an increase to the state and local tax (SALT) deduction. Under current law, individuals […] Sarah Austin Posted November 10, 2021 Tags Budget, Federal, Income Tax
Maine’s Economy, Taxes and Budget MECEP statement on Build Back Better framework AUGUSTA, Maine — Garrett Martin, president & CEO at the Maine Center for Economic Policy, released the following statement on the advancement of President Biden’s Build Back […] Posted October 28, 2021 Tags Budget, Caregiving, Education, Federal, Health Care, Infrastructure
Taxes and Budget Analysis: Opportunities abound as federal COVID relief funds flow into Maine counties According to an analysis by MECEP released earlier this month, Maine’s counties in total will receive $261 million in funds from the American Rescue Plan Act (ARPA). Counties have […] Beacon Posted October 22, 2021 Tags Budget, Federal, Local