Taxes and Budget MECEP statement on LD 327, An Act To Return Surplus Money to Maine Taxpayers AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) is releasing the following statement in opposition to LD 327, An Act To Return Surplus Money to Maine […] Posted January 12, 2022 Tags Coronavirus, Economic Security, Revenue, Tax Fairness, Taxes
Taxes and Budget Improvements recommended to tax expenditure review process A bipartisan group of lawmakers have agreed to recommendations to strengthen Maine’s tax code. At issue is how to ensure that spending through the tax code in […] Maura Pillsbury Posted January 11, 2022 Tags Economic Security, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Expanded child tax credit worked and should be reinstated With the stalling of President Joe Biden’s spending plan, the fate of the more generous child tax credit looks bleak, which is bad news for the millions […] Bangor Daily News Posted January 4, 2022 Tags Children, Economic Security, Tax Fairness, Taxes
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
Jobs and Income, Maine’s Economy Rising inflation is likely temporary — and the Build Back Better bill will help curb it Over the past several months, inflation has risen relatively quickly, particularly in contrast to the past decade of exceptionally small price increases. This has led to misplaced […] James Myall Posted November 16, 2021 Tags Coronavirus, Economic Security, Economy, Employment, Job Quality, Jobs, Unions, Wages
Jobs and Income, Maine’s Economy New Report & Press Event: State of Working Maine 2021 AUGUSTA, MAINE — The experiences of frontline workers during the pandemic offer lessons beyond the immediate public health threat, according to a new report released today by the Maine […] Posted November 4, 2021 Tags Caregiving, Coronavirus, Economic Security, Economy, Employment, Inequality, Minimum Wage, Paid Sick Days, Racial Equity, Unemployment, Unions, Wages
Maine’s Economy, Taxes and Budget American Rescue Plan Act funding creates opportunity for Maine counties Congress passed the American Rescue Plan Act (ARPA) to provide relief to states and localities in the wake of the COVID-19 pandemic, and with its passage, an […] Maura Pillsbury Posted October 8, 2021 Tags Economic Security, Economy
Taxes and Budget House Ways and Means Committee tax plan rebalances tax code, boosts incomes for Mainers New analysis by the Institute on Taxation and Economic Policy found provisions in a bill recently approved by the House Ways and Means Committee would improve tax […] Sarah Austin Posted September 29, 2021 Tags Economic Security, Incomes, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Child Tax Credit expansion reducing hunger, increasing security for Maine kids — Congress must continue this life-changing program The Biden administration’s improvements to the Child Tax Credit (CTC) are cutting child hunger and improving economic security for families nationwide. About 4 out of 5 kids […] Sarah Austin Posted September 27, 2021 Tags Children, Coronavirus, Economic Security, Economy, Food Insecurity, Tax Fairness, Taxes
Jobs and Income Progressive group estimates up to 95K Mainers impacted by end of federal unemployment aid The Maine Center for Economic Policy, a progressive group, says more than 22,000 Mainers have now lost those federal benefits, citing data from the Maine Department of […] WMTW Posted September 7, 2021 Tags Coronavirus, Economic Security, Federal, Unemployment