Taxes and Budget Governor Mills’ budget proposal: key takeaways and recommendations On January 10, Governor Janet Mills unveiled her budget plans for Maine through 2027. While the proposal balances the budget through some revenue increases, it largely relies […] James Myall Posted January 16, 2025 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Proposed cigarette tax increase draws praise and concern James Myall, an economic policy analyst at the Maine Center for Economic Policy, said Monday that an increase to the cigarette tax wasn’t the center’s first suggestion […] Portland Press Herald Posted January 14, 2025 Tags Revenue, Tax Fairness, Taxes
Taxes and Budget Janet Mills may get Democratic pushback on proposed cigarette tax hike The liberal Maine Center for Economic Policy criticized the cuts or lack of additional investments in various health care and child care programs that Mills said would […] Bangor Daily News Posted January 13, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Mills proposes $1 per pack cigarette tax increase, social service cuts to balance Maine budget Another left-leaning group, the Maine Center for Economic Policy, slammed the budget, saying it “comes up short for workers and families.” They vowed to work with legislators […] Spectrum News Posted January 10, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Maine’s Economy Maine's Economic Outlook The state faces a predicted revenue shortfall. Incoming President Trump is threatening to place tariffs on Canadian and Chinese goods. Maine’s labor shortage is expected to persist […] Maine Public Posted January 6, 2025 Tags Budget, Economic Security, Economy, Revenue
Jobs and Income, Taxes and Budget The new paid leave tax hitting Mainers in 2025, explained The new program will apply to 90 percent of Maine’s workforce, according to the liberal Maine Center for Economic Policy. Self-employed people and tribal governments can opt into […] Bangor Daily News Posted December 30, 2024 Tags Budget, Paid Family and Medical Leave, Revenue, Taxes
Taxes and Budget Highway fund shortfall highlights the need for sustainable revenue solutions At a glance: Maine is struggling to fund road improvements and support for communities because it isn’t bringing in enough money to keep up with rising costs […] James Myall Posted December 19, 2024 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget MECEP statement on revised revenue forecast Maine’s Revenue Forecasting Committee met today to discuss preliminary numbers for their December 1 revenue forecast, which helps policymakers determine the anticipated resources available for Maine’s biennial […] Posted November 25, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Gov. Mills vows lean budget in light of projected revenue shortfall The progressive research organization Maine Center for Economic Policy would like to see reforms to Maine’s tax code to close the gap, while maintaining funding levels for education, […] Maine Morning Star Posted November 25, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget As Mills administration plans to ‘get to zero’ on new spending, advocates say a fairer tax code is the way ahead But that’s the wrong way to look at the situation, says economic analyst James Myall of the Maine Center for Economic Policy (MECEP), in a recent blog post. […] Beacon Posted November 21, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes