Maine’s Economy

Feeling the Pinch: Inflation and corporate consolidation

Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. The mismatch between Mainers […]

James Myall

Posted June 20, 2022

Tags Children, Consumer Protection, Economic Security, Economy, Food Insecurity, Inflation, Tax Fairness, Taxes

Taxes and Budget

Maine Lawmakers Are Putting $$$ In Workers' Pockets

There’s no way around it – expenses are rising faster than wages. That’s why Maine lawmakers expanded the Earned Income Tax Credit this session, which means money […]

Mainers for Working Families

Posted June 9, 2022

Tags Economic Security, EITC, Tax Fairness, Taxes

Taxes and Budget

Once again, Legislature extends broken tax break for businesses

When funding is funneled away from public priorities like schools, infrastructure, and health care and into business tax breaks, we should be confident that the spending is […]

Maura Pillsbury

Posted May 27, 2022

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

Taxes and Budget

Paul LePage keeps proposing tax ideas that would harm average Mainers

LePage’s second term plans for slashing, leading to an elimination of, the income tax would have also raised sales taxes, which hit low and middle income people more. A 2017 analysis […]

Bangor Daily News

Posted May 24, 2022

Tags Economic Security, Revenue, Tax Fairness, Taxes

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

Taxes and Budget

Maine Took on Big Box Stores, and Won

“This is a matter of fairness,” said Sarah Austin, director of policy and research at the Maine Center for Economic Policy, in a statement. “This new law […]

Public Seminar

Posted May 9, 2022

Tags Dark Stores, Tax Fairness, Taxes

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

Watchdog agency again finds no evidence to support business tax breaks

Once again, an investigation by the Maine State Legislature’s watchdog agency has found a lack of oversight and accountability for a business tax break. The Office of […]

MECEP

Posted April 15, 2022

Tags Tax Breaks, Tax Fairness, Taxes

Taxes and Budget

Republican lawmakers want to give millionaires $850

Republican legislators are proposing to remove income caps from the governor’s planned $850 COVID Pandemic Relief Payments. This would make the richest 20 percent of Maine households, […]

Sarah Austin

Posted April 7, 2022

Tags Budget, Coronavirus, Revenue, Tax Fairness, Taxes

Taxes and Budget

Biden proposes billionaire tax to pay for increased spending on military, public health

Megan Michaud, vice president of programs and policy with the Maine Center for Economic Policy, said by closing offshore tax loopholes and taxing the unrealized capital gains on […]

Beacon

Posted March 29, 2022

Tags Budget, Federal, Revenue, Tax Fairness, Taxes

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Feeling the Pinch: Inflation and corporate consolidation

Maine Lawmakers Are Putting $$$ In Workers' Pockets

Once again, Legislature extends broken tax break for businesses

Paul LePage keeps proposing tax ideas that would harm average Mainers

REPORT: How the Child Tax Credit was spent in Maine

Maine Took on Big Box Stores, and Won

The best of the budget for Maine’s economy

Watchdog agency again finds no evidence to support business tax breaks

Republican lawmakers want to give millionaires $850

Biden proposes billionaire tax to pay for increased spending on military, public health