Taxes and Budget Bill could double child tax credit for Maine families The most recent poverty report from the Maine Center for Economic Policy shows that in 2023, Maine’s child poverty rate, 12.6%, remained “historically low.” Advocates at the press conference said they […] WMTW Posted April 7, 2025 Tags Budget, Child Care, Child Tax Credit, Taxes
Taxes and Budget Parents of Maine young children could have increased tax credit under proposed legislation “We’ve seen it work,” added President and C.E.O. of Maine Center for Economic Policy Garrett Martin. “When the federal child tax credit was expanded during the pandemic, […] WABI Posted April 7, 2025 Tags Budget, Child Tax Credit, Children, Taxes
Taxes and Budget A guide to Donald Trump’s war against Maine over transgender athletes In the last fiscal year, Maine received nearly $21 billion in federal funds (minus some Medicare support and what comes through the U.S. Postal Service), according to the liberal […] Bangor Daily News Posted April 7, 2025 Tags Budget, Federal
Jobs and Income, Taxes and Budget Lawmakers hear proposals to better support families and child care providers According to the Maine Center for Economic Policy, an estimated 18,000 people in Maine are currently out of the labor force due to a lack of child care. […] Maine Morning Star Posted April 4, 2025 Tags Budget, Child Care, Job Quality, Jobs
Taxes and Budget Wednesday Sit-Down: Will tax cuts balloon federal deficit? In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to talk about will tax cuts balloon federal […] WGME Posted April 3, 2025 Tags Budget, Economy, Federal, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down
Taxes and Budget Feds threaten to blow a $649 million hole in Maine’s state budget At a glance: Congress and President Trump are considering cutting federal funds to states, primarily to finance tax cuts for the wealthy, with Maine facing a potential […] James Myall Posted April 3, 2025 Tags Budget, Education, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Expanding the Dependent Exemption Tax Credit is an investment in Maine’s future Maine’s Dependent Exemption Tax Credit (DETC) is a vital investment in the state’s future. As Maine’s version of the child tax credit, it helps families with children […] Maura Pillsbury Posted April 1, 2025 Tags Budget, Child Tax Credit, Economic Security
Taxes and Budget Tax on Maine millionaires heard in committee “We’re facing a budget shortfall, and there’s going to be some difficult decisions the legislature has to make. Either about making cuts to programs or raising additional […] WABI Posted March 26, 2025 Tags Budget, Revenue, Tax Breaks, Taxes
Taxes and Budget Raise taxes on Maine’s wealthy? Some of them are OK with that The bills heard Wednesday were supported by a broad range of advocacy groups, including the Maine Women’s Lobby, Maine Equal Justice, Maine Center for Economic Policy and […] Portland Press Herald Posted March 26, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Wednesday Sit-Down: 'Millionaires Tax' proposal in Maine In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS 13 to talk about a proposed “Millionaires Tax” […] WGME Posted March 26, 2025 Tags Budget, Revenue, Tax Fairness, Taxes, Wednesday Sit Down