Taxes and Budget

Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal

“This program has been extended and redesigned many times, and yet, evaluations from the Legislature’s watchdog agency determined that the program is unable to show evidence of […]

MaineBiz

Posted March 3, 2023

Tags Taxes

Jobs and Income, Maine’s Economy

Despite recovery, there are still weaknesses in the economy

A new report from the Maine Center for Economic Policy says indicators point to a near-full economic recovery two years after the start of the pandemic. But […]

MaineBiz

Posted October 13, 2022

Tags Economic Security, Economy, Job Quality, Jobs

Taxes and Budget

Group urges $400M annual revenue boost to solve Maine poverty, equity issues

The letter urges lawmakers to commit to raising $400 million in new revenue annually. While that figure would not meet all of Maine’s unmet needs, it would allow […]

MaineBiz

Posted February 26, 2021

Tags Budget

Taxes and Budget

Mills' $111M 'Back to Work' bond proposal gets backing from business leaders

“The governor is right that we cannot cut our way to prosperity,” said Garrett Martin, of the Maine Center for Economic Policy. “That was the approach her […]

MaineBiz

Posted February 25, 2021

Tags Budget

Maine’s Economy

Maine renters are at lowest danger of getting evicted, national study shows

MaineHousing, which has partnered on the state to administer $28.4 million in rental assistance, said in November that 14,000 Mainers had taken advantage of the program, which […]

MaineBiz

Posted December 31, 2020

Tags Coronavirus, Housing

Jobs and Income

Maine looks beyond the numbers in search of a fair employment playing field

“Up until this crisis moment, I think there were good intentions, but people didn’t really know they didn’t know,” says Deb Breiting, cofounder of Maine Intercultural Communication […]

MaineBiz

Posted December 14, 2020

Tags Employment, Jobs, Racial Equity

Jobs and Income, Maine’s Economy

Report: Policies boosting race equity in Maine would add jobs, income

Maine policies that advance race equity and undo racism in employment would boost the state’s economy, adding millions of dollars in economic activity and thousands of jobs, […]

MaineBiz

Posted November 12, 2020

Tags Economy, Inequality, Racial Equity

Jobs and Income

Portland $18 emergency minimum wage kicks in Dec. 3 after referendum passes

“Raising the minimum wage not only helps us workers — when we have extra money to spend, local economies also get a boost,” the group said. The […]

MaineBiz

Posted November 4, 2020

Tags Coronavirus, Minimum Wage, Wages

Taxes and Budget

Proposal to close state's $538M revenue shortfall includes call for more federal support

Garrett Martin, executive director of the Maine Center for Economic Policy, said that the proposal “is a good attempt to bridge the revenue gap in the current […]

MaineBiz

Posted September 11, 2020

Tags Budget, Coronavirus, Federal, Recession, Revenue

Maine’s Economy

Committee to look at easing long-term COVID-19 economic impact on Maine

Janet Mills announced Wednesday that she is convening an Economic Recovery Committee, with members drawn from across Maine industries, that will develop recommendations to mitigate the economic damage […]

MaineBiz

Posted May 7, 2020

Tags Coronavirus, Economy, Recession

MaineBiz

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Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal

Despite recovery, there are still weaknesses in the economy

Group urges $400M annual revenue boost to solve Maine poverty, equity issues

Mills' $111M 'Back to Work' bond proposal gets backing from business leaders

Maine renters are at lowest danger of getting evicted, national study shows

Maine looks beyond the numbers in search of a fair employment playing field

Report: Policies boosting race equity in Maine would add jobs, income

Portland $18 emergency minimum wage kicks in Dec. 3 after referendum passes

Proposal to close state's $538M revenue shortfall includes call for more federal support

Committee to look at easing long-term COVID-19 economic impact on Maine