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

MaineBiz

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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

Report projects more than 61,000 jobless in Maine by June

Legislative jab at big-box retailers' 'dark store theory' up for decision

Proposed bill would provide $8.8M in overtime for salaried Mainers

Mills' $126M supplemental budget seeks to capitalize on strong Maine economy

Taxation Committee votes to close business tax loophole

Groundbreaking ‘earned paid leave’ law to cover 85% of Maine workers

Bill would extend tax-free options to companies helping workers with student loans

Legislature revisits bill that would require employers to provide sick leave