Taxes and Budget

RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm

Supporters of tax cuts often claim they will directly boost economic activity. A large body of research refutes this argument. In a comprehensive review of four decades […]

MECEP

Posted August 18, 2020

Tags Budget, Economy, Recession, Revenue, Taxes

Jobs and Income, Maine’s Economy

Low-income Mainers have been propping up the economy — and they just took a huge cut

Garrett Martin, executive director of the Maine Center for Economic Policy, said the data makes the case for continued relief for the low-income families who need it […]

Beacon

Posted August 6, 2020

Tags Coronavirus, Economy, Unemployment

Maine’s Economy

STATEMENT: Revenue forecast shows urgent need for Congress to increase state aid

Without revenue solution, state will be forced to make deep cuts that hurt Mainers and make the recession worse AUGUSTA, Maine — Sarah Austin, the lead analyst […]

Posted July 29, 2020

Tags Coronavirus, Economy, Federal, Revenue

Maine’s Economy

Tracking the economic impact of COVID-19 in Maine

MECEP is monitoring several short-term indicators to track the effect of the COVID-19 pandemic on Maine’s economy. Sources for each indicator can be seen in the descriptions below. Indicator 1: COVID-19 cases in Maine […]

James Myall

Posted July 9, 2020

Tags Coronavirus, Economic Security, Economy, Food Insecurity, Health Care, Housing, Medicaid, Unemployment

Maine’s Economy

George Hale Ric Tyler Rewind with Garrett Martin

There are certainly lots of concerns about not only the future in terms of public health and safety, but also in terms of our economy. From our […]

WVOM

Posted June 17, 2020

Tags Economy

Maine’s Economy

Commentary: Pandemic relief will drive up the deficit. That’s a good thing

Federal officials must do everything in their power to meet this historic moment. While some may bristle at the thought of doing or spending too much, the […]

Portland Press Herald

Posted May 16, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy, Taxes and Budget

Democrats weigh repeal of tax breaks for wealthy as downturn threatens state services

Maine’s state budget is facing an estimated 30-percent revenue decline in the next fiscal year from the economic shock of the COVID-19 pandemic, the Maine Center for […]

Beacon

Posted May 11, 2020

Tags Budget, Economy, Tax Breaks, Taxes

Maine’s Economy, Taxes and Budget

Congress helped private businesses. Now it’s time to help state and local governments.

“If left unaddressed, the unprecedented shortfall will force the state to make painful cuts that will hurt Maine families and make the recession worse — including widespread […]

Bangor Daily News

Posted May 11, 2020

Tags Budget, Coronavirus, Economy

Maine’s Economy

Maine’s economic recovery panel includes 20 business leaders, one worker representative

The group is chaired by Josh Broder, CEO of Tilson, a Portland IT firm, and Laurie Lachance, president of Thomas College and a former state economist. Members […]

Beacon

Posted May 9, 2020

Tags Economy, Recession

Taxes and Budget

Maine likely to see revenue shortfall

The Maine Center for Economic Policy is predicting a major shortfall in state revenue in the next fiscal year, a prediction that could have a significant impact […]

Fox Bangor

Posted May 8, 2020

Tags Economy, Recession, Revenue

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RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm

Low-income Mainers have been propping up the economy — and they just took a huge cut

STATEMENT: Revenue forecast shows urgent need for Congress to increase state aid

Tracking the economic impact of COVID-19 in Maine

George Hale Ric Tyler Rewind with Garrett Martin

Commentary: Pandemic relief will drive up the deficit. That’s a good thing

Democrats weigh repeal of tax breaks for wealthy as downturn threatens state services

Congress helped private businesses. Now it’s time to help state and local governments.

Maine’s economic recovery panel includes 20 business leaders, one worker representative

Maine likely to see revenue shortfall