Taxes and Budget

EITC makes up to $7,459 available to low-income, working Mainers — but only if they file their taxes

Maine workers with low incomes could receive thousands of dollars through the Earned Income Tax Credit, or EITC. But that income boost is only available to those […]

Mario Moretto

Posted April 27, 2021

Tags EITC, Taxes

Statement: Revenue reforecast shows power of bold action to support families, communities

AUGUSTA, MAINE — Sarah Austin, tax and budget analyst at the Maine Center for Economic Policy, released the following statement in response to the state’s preliminary revenue […]

Posted April 27, 2021

Taxes and Budget

Early victory for tax fairness as Maine clamps down on corporate tax loopholes

Last week, the Legislature took a positive step toward tax fairness by closing a loophole in Maine’s tax code that gives corporations a tax break based on their foreign sales. As part of the […]

Mario Moretto

Posted March 17, 2021

Tags Revenue, Tax Fairness, Taxes, Trump Tax Cuts

Taxes and Budget

MECEP statement on passage of supplemental budget

AUGUSTA, MAINE — Garrett Martin, executive director of the Maine Center for Economic Policy, released the following statement in response to the Legislature’s approval early Friday morning of […]

Posted March 12, 2021

Tags Budget, Tax Breaks, Tax Fairness

Taxes and Budget

MECEP response to Gov. Mills' State of the Budget Address

AUGUSTA, MAINE — Garrett Martin, executive director of the Maine Center for Economic Policy, released the following statement in response to Gov. Janet Mills’ State of the Budget […]

Posted February 24, 2021

Jobs and Income

New year brings minimum wage increase, guaranteed paid time off for Maine workers

The new year brought new improvements to job quality for Maine workers, as the minimum wage increased and a new, statewide law to provide paid time off […]

Mario Moretto

Posted January 6, 2021

Tags Minimum Wage, Paid Sick Days, Wages

Jobs and Income

RELEASE: As holiday season begins, Maine families face stark hardship from pandemic, economic crisis

Congress must pass new round of COVID relief to address hunger, housing insecurity and joblessness for tens of thousands of Mainers AUGUSTA, MAINE — Maine enters the holiday […]

Posted November 18, 2020

Tags Coronavirus, Economic Security, Federal, Food Insecurity, Housing

Taxes and Budget

Congress must act boldly to protect Maine families, communities from harm

Maine faces a revenue shortfall of at least $1.2 billion in the next fiscal year. If unaddressed, this fiscal crisis would hurt families and communities, and make the recession worse. Congress must include state fiscal relief in the next coronavirus bill.

Mario Moretto

Posted May 8, 2020

Tags Coronavirus, Federal, Recession

Taxes and Budget

Federal aid makes up one-third of Maine's budget. Trump's budget plan threatens that funding.

President Donald Trump’s 2021 budget proposal paints a crystal-clear picture of his his vision for the country. That vision starts with a plethora of funding cuts that […]

Mario Moretto

Posted February 13, 2020

Tags Budget, Federal

Taxes and Budget

Two years later, Trump Tax Cuts are a proven failure

Two years ago, today, the US Senate enacted the “Tax Cuts and Jobs Act,” or TCJA, known more commonly as the Trump Tax Cuts. The $1.9 trillion […]

Mario Moretto

Posted December 20, 2019

Tags Trump Tax Cuts

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EITC makes up to $7,459 available to low-income, working Mainers — but only if they file their taxes

Statement: Revenue reforecast shows power of bold action to support families, communities

Early victory for tax fairness as Maine clamps down on corporate tax loopholes

MECEP statement on passage of supplemental budget

MECEP response to Gov. Mills' State of the Budget Address

New year brings minimum wage increase, guaranteed paid time off for Maine workers

RELEASE: As holiday season begins, Maine families face stark hardship from pandemic, economic crisis

Congress must act boldly to protect Maine families, communities from harm

Federal aid makes up one-third of Maine's budget. Trump's budget plan threatens that funding.

Two years later, Trump Tax Cuts are a proven failure