Maine’s Economy

The Debt Ceiling — An Explainer

Updated June 1, 2023 The Treasury predicts that the US will be unable to pay its bills by June 5 if the debt ceiling is not raised. […]

MECEP

Posted June 1, 2023

Tags Debt Ceiling, Economy, Explainer, Tax Fairness

Explainers, Maine’s Economy, Taxes and Budget

About that tax ranking…

As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” are memorable and get a […]

MECEP

Posted May 30, 2023

Tags Budget, Child Tax Credit, EITC, Explainer, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes

Jobs and Income, Maine’s Economy

Brief: Providing workers the support they need to enter and stay in the labor force

At a glance Maine has more jobs now than before the pandemic Labor force participation has mostly rebounded to pre-pandemic levels but is not adequate to keep […]

MECEP

Posted May 26, 2023

Tags Child Care, Child Tax Credit, Direct Care Work, Economic Security, Economy, Employment, Family and Medical Leave, Inclusive Economy, Job Quality, Jobs, Paid Sick Days

Jobs and Income, Maine’s Economy

Paid Family and Medical Leave — An Explainer

Updated May 30, 2023 What is Paid Family and Medical Leave? At some point in their life, almost every Mainer will need to take extended time away […]

MECEP

Posted May 19, 2023

Tags Economy, Employment, Family and Medical Leave

Maine’s Economy, Taxes and Budget

The Child Tax Credit — An Explainer

What is the Child Tax Credit? The Child Tax Credit (CTC) is one of the most effective tools for helping families manage the rising cost of raising […]

MECEP

Posted May 2, 2023

Tags Child Tax Credit, Children, Economic Security, Economy, Income Tax, Tax Fairness, Taxes

Health Care, Jobs and Income, Maine’s Economy, Taxes and Budget

The High Cost of Undervaluing Direct Care Work

Download the PDF version full report Summary Maine’s direct care workforce is in a fragile state. Low reimbursement rates for direct care work result in low pay, […]

MECEP

Posted April 26, 2023

Taxes and Budget

Taxes are complicated, but the way we think about tax policy doesn’t have to be

When we all pitch in to pay for the services and infrastructure that build a thriving economy, everyone benefits. But if some people and corporations don’t pay […]

MECEP

Posted April 14, 2023

Tags Economy, Explainer, Income Tax, Tax Fairness, Taxes

Jobs and Income, Maine’s Economy

Predatory Lending — An Explainer

What is predatory lending? Lenders are considered predatory when they use practices that involve fraudulent, unfair, and abusive loan terms, including ultra-high interest rates and fees, aggressive […]

MECEP

Posted March 24, 2023

Tags Consumer Protection, Economic Security, Explainer, Inclusive Economy, Predatory Lending

Maine’s Economy, Taxes and Budget

MECEP reaction to State of the Budget address

Maine Center for Economic Policy (MECEP) president and CEO Garrett Martin reacts to Governor Mills’ State of the Budget address: “State budget choices can change lives. Maine […]

Posted February 15, 2023

Tags Budget, Corporate Power, Economic Security, Economy, Family and Medical Leave, Income Tax, Tax Fairness, Taxes

Taxes and Budget

Congress must expand the Child Tax Credit, or risk 49,000 Maine children being pushed into poverty or greater hardship

Congress has a real chance in the Lame Duck session to prevent greater hardship for the 49,000 Maine children who lost out after a recent expansion of […]

Posted November 16, 2022

Tags Child Tax Credit, Children, Economic Security, Poverty

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The Debt Ceiling — An Explainer

About that tax ranking…

Brief: Providing workers the support they need to enter and stay in the labor force

Paid Family and Medical Leave — An Explainer

The Child Tax Credit — An Explainer

The High Cost of Undervaluing Direct Care Work

Taxes are complicated, but the way we think about tax policy doesn’t have to be

Predatory Lending — An Explainer

MECEP reaction to State of the Budget address

Congress must expand the Child Tax Credit, or risk 49,000 Maine children being pushed into poverty or greater hardship