Education, Maine’s Economy Predatory practices increase Mainers’ student debt and financial troubles Mainers are carrying nearly $6 billion in education debt. Large figures like that can be difficult to wrap our heads around, so think of it this way: […] Jody Harris Posted December 19, 2018 Tags Consumer Protection, Higher Education, Student Debt
Taxes and Budget Maine still has work to do in building a balanced and adequate tax code Building an inclusive economy requires tax policy that meets two conditions. The first is that those with the most are asked to pay more, or at the […] Sarah Austin Posted October 17, 2018 Tags Income Tax, Tax Fairness, Taxes
Health Care, Taxes and Budget New analysis: Home care tax would affect top 3 percent of wealthiest Mainers The Home Care referendum on November’s ballot would affect 34,442 Mainers at the top of the income distribution, according to a new analysis conducted by MECEP. That […] Sarah Austin Posted September 21, 2018 Tags Caregiving, Tax Fairness, Taxes
Education, Taxes and Budget Maine teachers spend millions of their own dollars on classroom basics Maine’s teachers spent at least $4.2 million out of their own pockets on basic school supplies in 2016, the most recent year for which we have data, […] James Myall Posted September 13, 2018 Tags Education, Taxes, Wages
Maine’s Economy, Taxes and Budget New report: Corporations are choosing shareholder windfalls over workers’ raises A stock buyback is when a publicly traded company purchases shares from its own shareholders. In the corporate world, it’s a way to push or keep stock […] Sarah Austin Posted August 8, 2018 Tags Incomes, Taxes, Wages
Taxes and Budget United Nations says solving extreme inequality, poverty will require USA to 'get real about taxes' Deliberate public policy decisions, including a cavalier and unrealistic approach to taxation, are driving preventable inequality and poverty in the United States. That’s according to a recently […] Mario Moretto Posted July 18, 2018 Tags Poverty, Racial Equity, Taxes
Taxes and Budget New report: Since Bush Tax Cuts, wealthiest one-fifth of Americans have reaped 65 percent of federal tax breaks In a new report, the Institute on Taxation and Economic Policy reveals that tax cuts since the George W. Bush administration have disproportionately benefited the wealthiest American […] Sarah Austin Posted July 16, 2018 Tags Income Tax, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy Could you cover an unexpected $400 expense? Nearly half of Mainers could not A modest unexpected expense could overturn the finances of nearly half of all Mainers, and one in five Maine residents cannot pay all their bills on time. […] James Myall Posted June 26, 2018 Tags Economic Security
Jobs and Income, Maine’s Economy In some Maine counties, federal food assistance pays for one in six grocery sales New analysis by MECEP demonstrates just how crucial the Supplemental Nutrition Assistance Program, or SNAP, is for hundreds of thousands of Mainers, for local economies and for […] James Myall Posted May 3, 2018 Tags Economic Security, Food Insecurity, SNAP
Jobs and Income, Maine’s Economy Despite Poliquin's praise, Maine is no model for food insecurity As Congress move toward sweeping changes to SNAP, the federal food assistance program, U.S. Rep. Bruce Poliquin is touting Maine’s experiment in stricter eligibility as a model […] James Myall Posted April 19, 2018 Tags Economic Security, Food Insecurity, SNAP