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Taxes and Budget

Bill could double child tax credit for Maine families

The most recent poverty report from the Maine Center for Economic Policy shows that in 2023, Maine’s child poverty rate, 12.6%, remained “historically low.” Advocates at the press conference said they […]

WMTW
Posted April 7, 2025
Tags Budget, Child Care, Child Tax Credit, Taxes
Taxes and Budget

Parents of Maine young children could have increased tax credit under proposed legislation

“We’ve seen it work,” added President and C.E.O. of Maine Center for Economic Policy Garrett Martin. “When the federal child tax credit was expanded during the pandemic, […]

WABI
Posted April 7, 2025
Tags Budget, Child Tax Credit, Children, Taxes
Taxes and Budget

A guide to Donald Trump’s war against Maine over transgender athletes

In the last fiscal year, Maine received nearly $21 billion in federal funds (minus some Medicare support and what comes through the U.S. Postal Service), according to the liberal […]

Bangor Daily News
Posted April 7, 2025
Tags Budget, Federal
Jobs and Income, Taxes and Budget

Lawmakers hear proposals to better support families and child care providers

According to the Maine Center for Economic Policy, an estimated 18,000 people in Maine are currently out of the labor force due to a lack of child care. […]

Maine Morning Star
Posted April 4, 2025
Tags Budget, Child Care, Job Quality, Jobs
Taxes and Budget

Wednesday Sit-Down: Will tax cuts balloon federal deficit?

In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to talk about will tax cuts balloon federal […]

WGME
Posted April 3, 2025
Tags Budget, Economy, Federal, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down
Jobs and Income

Proposals to bolster farmworkers’ hour and wage rights back before Legislature

The Maine AFL-CIO was generally in favor of the proposals, but described LD 588 as a compromise. All three of the bills were also supported by the […]

Maine Morning Star
Posted April 2, 2025
Tags Inequality, Job Quality, Jobs, Racial Equity
Taxes and Budget

What Maine can expect as Donald Trump’s tariff day approaches

More than 750,000 Canadians visited the state in 2023. While they make up just 5 percent of all tourists to Maine, they still accounted for more than $450 […]

Bangor Daily News
Posted April 1, 2025
Tags Economic Security, Economy, Federal
Taxes and Budget

Tax on Maine millionaires heard in committee

“We’re facing a budget shortfall, and there’s going to be some difficult decisions the legislature has to make. Either about making cuts to programs or raising additional […]

WABI
Posted March 26, 2025
Tags Budget, Revenue, Tax Breaks, Taxes
Taxes and Budget

Raise taxes on Maine’s wealthy? Some of them are OK with that

The bills heard Wednesday were supported by a broad range of advocacy groups, including the Maine Women’s Lobby, Maine Equal Justice, Maine Center for Economic Policy and […]

Portland Press Herald
Posted March 26, 2025
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

Wednesday Sit-Down: 'Millionaires Tax' proposal in Maine

In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS 13 to talk about a proposed “Millionaires Tax” […]

WGME
Posted March 26, 2025
Tags Budget, Revenue, Tax Fairness, Taxes, Wednesday Sit Down
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