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Taxes and Budget

Hollywood strike highlights unfairness of film tax subsidies

As the Hollywood actors strike continues, it’s a stark reminder that all workers are essential, and no industry can operate without them. The Screen Actors Guild and […]

Maura Pillsbury
Posted October 3, 2023
Tags Corporate Power, Economy, Employment, Job Quality, Tax Breaks, Unions, Wages
Taxes and Budget

10 unanswered questions about the proposed Dirigo business subsidy

Governor Mills is proposing a big new tax subsidy for businesses. The Dirigo tax credit would cost an estimated $54.5 million per year and provide business tax […]

Maura Pillsbury
Posted May 17, 2023
Tags Corporate Power, Economic Security, Economy, Tax Breaks
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
Maine’s Economy, Taxes and Budget

MECEP reaction to State of the Budget address

Maine Center for Economic Policy (MECEP) president and CEO Garrett Martin reacts to Governor Mills’ State of the Budget address: “State budget choices can change lives. Maine […]

Posted February 15, 2023
Tags Budget, Corporate Power, Economic Security, Economy, Family and Medical Leave, Income Tax, Tax Fairness, Taxes
Taxes and Budget

MECEP statement on federal “Inflation Reduction Act”

Maine Center for Economic Policy (MECEP) applauds the proposed “Inflation Reduction Act” recently announced by US Senators Chuck Schumer and Joe Manchin and urges Maine’s Congressional delegation […]

Posted August 1, 2022
Tags Corporate Power, Economic Security, Economy, Federal, Health Care, Income Tax, Inflation, Medicare, Tax Fairness, Taxes
Maine’s Economy

Context on inflation and corporate profits ahead of Consumer Price Index release

AUGUSTA, Maine (July 12, 2022) — Ahead of Wednesday’s release of the U.S. Bureau of Labor Statistics June 2022 Consumer Price Index data, inflation is expected to remain […]

Posted July 12, 2022
Tags Corporate Power, Economy, Inflation
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

Report: Corporate Consolidation Seen as Major Driver of Inflation

Seven in 10 Americans view inflation as the most pressing issue facing the nation right now, and in Maine, a new report seeks to explore the causes, […]

Public News Service
Posted June 24, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

Report: inflation costs driven mostly by profits, not labor cost

The report by the Maine Center for Economic Progress said corporate profits are rising as Mainers feel the pinch of record-high inflation and pointed the finger at […]

The Center Square
Posted June 22, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

New report explores the role of corporate power in high costs

AUGUSTA, MAINE — 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 […]

Posted June 20, 2022
Tags Corporate Power, Economy, Inflation
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