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Taxes and Budget

Bill to strengthen EITC would boost incomes for 92,000 Maine families, improve Maine’s tax code

The Earned Income Tax Credit, or EITC, is a proven tool to reduce poverty and give kids from families with low incomes a better shot at success […]

Sarah Austin
Posted March 23, 2021
Tags Children, EITC, Tax Fairness, Taxes
Jobs and Income

Extra pay for extra work: How Maine can restore overtime pay for 28,000 Mainers

When Mainers work long hours, they deserve to be compensated fairly for their extra work. Overtime protections exist to ensure extra work is rewarded with extra pay, […]

James Myall
Posted March 22, 2021
Tags Incomes, Job Quality, Overtime, Wages
Health Care

Maine lawmakers consider several bills to tackle rising health care costs

Health care is a human right. But soaring health care costs prevent many Mainers from getting the care they need, and the problem is getting worse; The […]

James Myall
Posted March 18, 2021
Tags Health Care, Prescription Drugs
Taxes and Budget

Raising taxes on large, profitable corporations will help build strong communities without affecting small businesses

Corporations in Maine benefit from our educated workforce, our public roads and other infrastructure, and our clean air and water — not to mention our reputation for […]

Sarah Austin
Posted March 18, 2021
Tags Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Early victory for tax fairness as Maine clamps down on corporate tax loopholes

Last week, the Legislature took a positive step toward tax fairness by closing a loophole in Maine’s tax code that gives corporations a tax break based on their foreign sales. As part of the […]

Mario Moretto
Posted March 17, 2021
Tags Revenue, Tax Fairness, Taxes, Trump Tax Cuts
Jobs and Income

Wage theft costs workers millions. This bill would help workers get what they’re owed.

All Mainers are entitled to the wages they earn, and no one should have their wages stolen by their employer. While most employers play by the rules […]

James Myall
Posted March 17, 2021
Tags Incomes, Job Quality, Minimum Wage, Overtime, Wages
Education

One easy way for Maine to increase grants for college students with low incomes this year

Thanks to federal forbearance on student loan payments during the pandemic, Maine has an opportunity to make college more affordable this year for students with low incomes by […]

Jody Harris
Posted March 17, 2021
Tags Education, Federal, Higher Education, Student Debt
Maine’s Economy

Maine must continue its clampdown on predatory lenders

Lawmakers in Augusta have done good work in recent years to begin curbing predatory payday lenders from saddling Mainers with crushing, unfair debt. Now, they have an […]

Jody Harris
Posted March 16, 2021
Tags Consumer Protection, Economic Security
Taxes and Budget

Taxing the unearned income of the top 1 percent would help un-rig Maine’s tax code, boost resources for communities

Most Mainers get the bulk of their income from wages. But those at the top of our economy often earn money in another way: They often have unearned income, from things like capital gains and […]

Sarah Austin
Posted March 16, 2021
Tags Budget, Inequality, Revenue, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Why is Maine’s revenue picture better than expected?

Past recessions wreaked havoc on Maine’s state budget and the COVID recession was expected to do the same. While Maine’s current revenue forecast, finalized in early December […]

Sarah Austin
Posted March 5, 2021
Tags Coronavirus, Federal, Recession, Revenue, Taxes
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