Taxes and Budget REPORT: How the Child Tax Credit was spent in Maine The improved and expanded monthly Child Tax Credit (CTC) has been one of the most successful and popular American Rescue Plan Act programs, providing flexibility to parents […] MECEP Posted May 13, 2022 Tags Child Tax Credit, Children, Economic Security, Economy, Federal, Poverty, Taxes
Maine’s Economy What a day in the life of record high inflation looks like “I think we saw at the beginning of the pandemic, there was a lot of stimulus out in the economy. People were saving a lot more,” Sarah […] NewsCenter Maine Posted May 12, 2022 Tags Economic Security, Economy
Taxes and Budget MECEP applauds passage of bill to stop corporate tax avoidance AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds Maine state legislators for their efforts to level the playing field for Main Street businesses and […] Posted May 2, 2022 Tags Economy, Tax Fairness, Tax Havens
Taxes and Budget MECEP applauds the legislature’s passage of bill to stop corporate tax scheme AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds Governor Mills and legislative leaders for standing up for Maine small businesses and homeowners by enacting a […] Posted May 2, 2022 Tags Dark Stores, Economy, Tax Fairness
Taxes and Budget The best of the budget for Maine’s economy The 130th legislative session began with a surplus of more than $800 million which was revised up to $1.2 billion in March. The bipartisan budget approved last […] Sarah Austin Posted April 28, 2022 Tags Budget, Economic Security, Economy, Education, Housing, Infrastructure, K-12 Education, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Editorial: Crime and treatment The ACLU and Maine Center for Economic Policy make the case for decriminalizing the use and possession of drugs and investing instead in things like treatment, recovery […] Mount Desert Islander Posted April 7, 2022 Tags Budget, Economic Security, Economy, Inequality
Taxes and Budget Despite spending more than $100 million a year, Maine’s drug crisis is getting worse According to the report by MECEP and the ACLU of Maine, state and local governments spend $111 million a year – more than $8,000, on average, per drug arrest […] Bangor Daily News Posted April 4, 2022 Tags Budget, Economic Security, Economy, Inequality
Taxes and Budget How to create more bang for Maine’s budget bucks This year’s historic budget surplus offers a rare opportunity to invest in Mainers in ways that will have a lasting and tangible impact. While many of the […] MECEP Posted March 23, 2022 Tags Budget, Children, Economy, Education, Health Care, Higher Education, Immigration, Inequality, Racial Equity
On anniversary of ARPA, 8,000 children will likely be pushed back into poverty without expanded Child Tax Credit New analysis also shows Maine stands to lose $70,750,000 in additional economic activity each month without payments to parents. Friday is the first anniversary of the American […] Posted March 11, 2022 Tags ARPA, Child Tax Credit, Children, Economic Security, Economy, Federal
Taxes and Budget MECEP statement on advancement of bill to stop corporate tax avoidance AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds the Legislature’s Taxation Committee for advancing efforts to stop corporations from exploiting a loophole to lower their […] Posted March 10, 2022 Tags Economy, Tax Fairness, Tax Havens