Maine’s Economy, Taxes and Budget The Child Tax Credit — An Explainer Updated December 6, 2024 What is the Child Tax Credit? The Child Tax Credit (CTC) is one of the most effective tools to help families manage the […] Karin Leuthy Posted January 24, 2024 Tags Child Tax Credit, Children, Economic Security, Economy, Explainer, Income Tax, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget Rising poverty proves policies like improved child tax credit matter Earlier this month, the U.S. census released data on poverty in 2022, and despite a growing economy, a great many families have been left behind. Nationally, one […] Bangor Daily News Posted September 26, 2023 Tags Child Tax Credit, Children, Economic Security, Poverty, Taxes
Maine’s Economy, Taxes and Budget It should be easy for Congress to prioritize the well-being of children and families In Maine, about four out of five kids live in households benefiting from the expanded credit, according to the progressive Maine Center for Economic Policy. The vast majority of […] Bangor Daily News Posted September 22, 2023 Tags Child Tax Credit, Children, Economic Security
Taxes and Budget Amid rise in child poverty rates, Maine child tax credit expected to buoy 3,500 youth Those percentages come from what’s called a “supplemental poverty measure,” which accounts for government benefits, post-tax income and costs of running a family such as commuting, child […] Maine Morning Star Posted September 19, 2023 Tags Child Tax Credit, Children, Poverty, Taxes
Taxes and Budget Maine's budget provides historic supports and fortifies the foundation for a strong economy This week Governor Mills signed the “part two budget” that makes historic investments — establishing a paid family and medical leave program for Maine, committing over $100 […] Sarah Austin Posted July 13, 2023 Tags Budget, Child Care, Child Tax Credit, Children, Economic Security, Economy, Education, Employment, Family and Medical Leave, Health Care, Housing, Jobs, Seniors, Tax Fairness, Wages
Taxes and Budget Bills passed by Maine lawmakers are piling up on ‘the table’ – and many will die there “It can be very sobering, and it can risk momentum for causes that you spend a lot of time building,” said Leuthy, who is now a lobbyist […] Portland Press Herald Posted June 19, 2023 Tags Budget, Child Care, Child Tax Credit, Direct Care Work, Housing, Paid Family and Medical Leave
Maine’s Economy, Taxes and Budget About that tax ranking… Note: Updated April 15, 2024 As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” […] MECEP Posted May 30, 2023 Tags Budget, Child Tax Credit, EITC, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes
Jobs and Income, Maine’s Economy Brief: Providing workers the support they need to enter and stay in the labor force At a glance Maine has more jobs now than before the pandemic Labor force participation has mostly rebounded to pre-pandemic levels but is not adequate to keep […] MECEP Posted May 26, 2023 Tags Child Care, Child Tax Credit, Direct Care Work, Economic Security, Economy, Employment, Family and Medical Leave, Inclusive Economy, Job Quality, Jobs, Paid Sick Days
Taxes and Budget Our View: Lawmakers should use child tax credit to boost next generation of Mainers “The child tax credit has such a transformational impact on children’s lives that every dollar spent on the credit has a ten dollar return on investment to […] Portland Press Herald Posted May 26, 2023 Tags Child Tax Credit, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Legislators can build on Governor’s change package to boost economic vitality for Maine families Governor Mills’ budget change package — which amends her prior budget proposal to align with more current revenue projections — lays a solid foundation for Maine. It […] Josie Phillips Posted May 18, 2023 Tags Budget, Child Care, Child Tax Credit, Housing, Inequality, Revenue, Tax Fairness, Taxes