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
Jobs and Income, Maine’s Economy Report projects more than 61,000 jobless in Maine by June Maine could lose 61,000 jobs by June, triggered by the COVID-19 response, more than three times what was lost in the Great Recession, according to a report published […] MaineBiz Posted April 2, 2020 Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment
Maine’s Economy Legislative jab at big-box retailers' 'dark store theory' up for decision Most towns and cities don’t have the resources to fight appeals that a denied assessment for large national corporation might bring, said Sarah Austin, lead policy analyst […] MaineBiz Posted March 11, 2020 Tags Property Tax, Taxes
Jobs and Income Proposed bill would provide $8.8M in overtime for salaried Mainers Nearly all hourly workers are guaranteed overtime when they work more than 40 hours. The guarantee also applies to workers who earn an annual salary of less […] MaineBiz Posted February 12, 2020 Tags Job Quality, Overtime
Taxes and Budget Mills' $126M supplemental budget seeks to capitalize on strong Maine economy “The additional resources for education and the governor’s focus on infrastructure and public services demonstrate that Gov. Mills knows what Maine communities and families need to thrive. […] MaineBiz Posted February 4, 2020 Tags Budget
Taxes and Budget Taxation Committee votes to close business tax loophole Sarah Austin, tax and budget policy analyst at Maine Center for Economic Policy, released the following statement in reaction to the Taxation Committee’s unanimous vote Thursday for […] MaineBiz Posted June 7, 2019 Tags EITC, Inequality, Tax Fairness, Taxes
Jobs and Income Groundbreaking ‘earned paid leave’ law to cover 85% of Maine workers Garrett Martin, executive director of Maine Center for Economic Policy, said the nonprofit’s “State of Working Maine 2018” reported that the lack of sick leave cost the […] MaineBiz Posted May 29, 2019 Tags Paid Sick Days
Education, Taxes and Budget Bill would extend tax-free options to companies helping workers with student loans U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, have signed on as cosponsors of bipartisan legislation that supports employers assisting employees in paying off their student […] MaineBiz Posted February 19, 2019 Tags Higher Education, Student Debt, Taxes
Jobs and Income Legislature revisits bill that would require employers to provide sick leave “The lack of paid sick days decreases workers’ financial security and hurts our economy,” Garrett Martin, executive director of Maine Center for Economic Policy, said in a […] MaineBiz Posted February 13, 2019 Tags Job Quality, Paid Sick Days