Taxes and Budget

Closing the tax gap would help fund broad new priorities

The Biden administration is proposing broad investments in infrastructure and supports for American families and identifies improved tax enforcement as one way to pay for it. Through […]

Maura Pillsbury

Posted July 14, 2021

Tags Federal, Infrastructure, Tax Fairness, Taxes

Taxes and Budget

Improved Child Tax Credit long overdue for Maine families

Maine families will get a significant boost from the Biden Administration’s expansion and improvement of the Child Tax Credit (CTC). Starting in July, the families of 229,000 […]

MECEP

Posted July 1, 2021

Tags Child Tax Credit, Children, Economic Security, Federal, Tax Breaks, Tax Fairness

Taxes and Budget

MECEP response to supplemental budget votes from the Committee on Appropriations and Financial Affairs

AUGUSTA, Maine — Garrett Martin, executive director at the Maine Center for Economic Policy, released the following statement about the bipartisan budget agreement passed by the Appropriations […]

Posted June 28, 2021

Tags Appropriations Committee, Budget, Education, EITC, Tax Fairness, Taxes

Taxes and Budget

New child tax credits offer lifeline for some Maine families

“This year’s expansion of the Child Tax Credit will help many Mainers make ends meet, but without action from Congress, the rug will be pulled out from […]

Portland Press Herald

Posted June 27, 2021

Tags Children, Economic Security, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Changes made to Child Tax Credit

“Those critical years of brain development under the age of 6 and even on up through the teenage years are vital to the long-term prospects of those […]

Fox Bangor

Posted June 22, 2021

Tags Children, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Families of 229,000 Maine children eligible to receive first monthly payment as part of enhanced Child Tax Credit

Biden administration launches new web portal to sign up, manage automatic payments AUGUSTA, MAINE — President Joe Biden has declared today “Child Tax Credit Awareness Day” to raise […]

Posted June 21, 2021

Tags Child Tax Credit, Children, Federal, Poverty, Tax Fairness, Taxes

Taxes and Budget

MECEP statement on Maine Legislature's rejection of estate tax bill

AUGUSTA, MAINE — MECEP executive director Garrett Martin released the following statement regarding the Maine Legislature’s failure to pass LD 1524, “An Act To Amend the Maine […]

Posted June 16, 2021

Tags Estate Tax, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Progressive group calls for permanent extension of enhanced child tax credit

Flaherty-Stanford, citing a projection from the Maine Center for Economic Policy, says the payments will bring more than $435 million into the state. “That’s money that’s going […]

WMTW

Posted June 15, 2021

Tags Children, Federal, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Wealth tax bill addresses defects in our tax code and would increase funding for local services and affordable housing

Ensuring fair taxation of wealth should always be a priority, and the pandemic has revealed just how important it is. Mostly low-wage workers on the frontlines of […]

Sarah Austin

Posted May 24, 2021

Tags Housing, Inequality, Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Repealing tax cuts for the wealthiest estates would reduce inequality, fund investments in communities

Our communities and are state are stronger when all Mainers and Maine families have equal opportunities to thrive. But growing inequality is a barrier to opportunity for […]

Sarah Austin

Posted May 13, 2021

Tags Estate Tax, Revenue, Tax Breaks, Tax Fairness, Taxes

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Closing the tax gap would help fund broad new priorities

Improved Child Tax Credit long overdue for Maine families

MECEP response to supplemental budget votes from the Committee on Appropriations and Financial Affairs

New child tax credits offer lifeline for some Maine families

Changes made to Child Tax Credit

Families of 229,000 Maine children eligible to receive first monthly payment as part of enhanced Child Tax Credit

MECEP statement on Maine Legislature's rejection of estate tax bill

Progressive group calls for permanent extension of enhanced child tax credit

Wealth tax bill addresses defects in our tax code and would increase funding for local services and affordable housing

Repealing tax cuts for the wealthiest estates would reduce inequality, fund investments in communities