Taxes and Budget New budget projections highlight the need to get serious about raising revenue At a glance: Projected budget shortfalls are nothing new Ultimately lawmakers must work with the governor to pass a balanced budget To avoid cutting popular programs and […] James Myall Posted October 7, 2024 Tags Budget, Direct Care Work, Education, Health Care, K-12 Education, Medicaid, Revenue
Health Care, Jobs and Income, Maine’s Economy Census data shows most Mainers ahead compared to pre-pandemic — but poorest still struggling At a glance: Between 2019 and 2023, Maine’s median household income rose 5% to nearly $74,000, while the bottom 20% saw a 1% drop to just over […] James Myall Posted September 17, 2024 Tags Economic Security, Health Care, Incomes, Minimum Wage, Poverty, Wages
Taxes and Budget Tax Cuts and Jobs Act expiration is a chance for Tax Fairness to flourish At a glance: The Tax Cuts and Jobs Act (TCJA) of 2017 expires in 2025, offering Congress a chance to reshape tax policy and reverse regressive measures […] Maura Pillsbury Posted September 13, 2024 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Jobs and Income Maine’s minimum wage to increase to $14.65 next year, boosting wages for 96,000 workers New data from the US Bureau of Labor Statistics shows Maine’s minimum wage will increase by 50 cents per hour in 2025 to keep pace with increased […] James Myall Posted September 11, 2024 Tags Incomes, Job Quality, Minimum Wage, Wages
Jobs and Income, Taxes and Budget 3 reasons why “no tax on tips” isn’t all it’s cracked up to be Both Vice President Harris and former President Trump have recently endorsed the idea of exempting tipped income from federal income taxes. The effort also has a vehicle […] James Myall Posted August 30, 2024 Tags Income Tax, Incomes, Job Quality, Jobs, Tax Breaks, Tax Fairness, Taxes, Wages
Jobs and Income Farmworker Rights — An Explainer Print Who are Maine’s farmworkers? The people who milk our cows, rake our blueberries, harvest our potatoes, and do the hard work to power Maine’s agricultural sector […] Arthur Phillips Posted August 29, 2024 Tags Explainer, Inequality, Job Quality, Jobs, Minimum Wage, Poverty, Racial Equity, Unions, Wages
Jobs and Income, Taxes and Budget Guaranteed Income — An Explainer What is Guaranteed Income? Guaranteed Income is a method of providing regular, unrestricted cash payments to supplement individuals’ income. It is one of several no-strings-attached cash strategies […] Karin Leuthy Posted August 15, 2024 Tags Children, Food Insecurity, Guaranteed Income, Incomes, Poverty
Maine’s Economy, Taxes and Budget Undocumented immigrants contribute millions in taxes to Maine A new report from the Institute for Taxation and Economic Policy (ITEP) confirms undocumented immigrants contribute to the strength of our economy and the health of public […] James Myall Posted July 31, 2024 Tags Federal, Immigration, Revenue, Taxes
Maine’s Economy 5 reasons to be optimistic about Maine’s economy At a glance: Despite consensus that the economy is in bad shape, Americans are broadly optimistic about their own financial circumstances Economic data mirrors this sentiment: unemployment […] James Myall Posted July 30, 2024 Tags Economic Security, Economy, Incomes, Inequality, Job Quality, Jobs, Wages
Taxes and Budget Direct File advances tax fairness – Maine should opt in For years, advocates have called for a free tax filing system to allow Americans to directly file their taxes with the IRS. But the powerful lobby of […] Maura Pillsbury Posted July 10, 2024 Tags Tax Fairness, Taxes