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Maine’s Economy, Taxes and Budget

Lawmakers should use surplus revenue to help Mainers who need it most

“Policies that get cash in the hands of the households that need it most have been central to reducing economic harm and fueling a faster recovery. Maine lawmakers, following the […]

Bangor Daily News
Posted December 21, 2021
Tags Budget, Economic Security, Economy, Inequality, Racial Equity, Revenue, Seniors, Tax Fairness, Taxes
Taxes and Budget

Build Back Better Act is the transformative plan Maine needs

Rep. Jared Golden opposed the bill in part because he disagreed with a provision lifting the cap on state and local tax deductions. The Maine Center for Economic Policy wrote […]

Bangor Daily News
Posted December 1, 2021
Tags Budget, Coronavirus, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Golden votes no as House passes landmark social spending bill

After months of debate, the U.S. House early Friday passed President Joe Biden’s landmark social spending bill, which will invest $1.85 trillion in child care, health care, […]

Beacon
Posted November 19, 2021
Tags Budget, Children, Coronavirus, Federal, Health Care
Taxes and Budget

Letter: Golden right to be concerned about SALT increase

As the Maine Center for Economic Policy pointed out in a recent blog post, much of the benefit from the SALT tax would go to the top 1 […]

Bangor Daily News
Posted November 18, 2021
Tags Budget, Coronavirus, Federal, Tax Breaks, Tax Fairness, Taxes
Maine’s Economy, Taxes and Budget

Amending Build Back Better to lift SALT cap would undermine tax fairness

As President Biden’s Build Back Better plan moves forward, Congressional leaders are considering an increase to the state and local tax (SALT) deduction. Under current law, individuals […]

Sarah Austin
Posted November 10, 2021
Tags Budget, Federal, Income Tax
Maine’s Economy, Taxes and Budget

MECEP statement on Build Back Better framework

AUGUSTA, Maine — Garrett Martin, president & CEO at the Maine Center for Economic Policy, released the following statement on the advancement of President Biden’s Build Back […]

Posted October 28, 2021
Tags Budget, Caregiving, Education, Federal, Health Care, Infrastructure
Taxes and Budget

Analysis: Opportunities abound as federal COVID relief funds flow into Maine counties

According to an analysis by MECEP released earlier this month, Maine’s counties in total will receive $261 million in funds from the American Rescue Plan Act (ARPA). Counties have […]

Beacon
Posted October 22, 2021
Tags Budget, Federal, Local
Jobs and Income, Taxes and Budget

Build Back Better promises to transform child care

The Biden administration’s Build Back Better plan is a once-in-a-lifetime opportunity to fundamentally change the lives of working people, families, and children in Maine. Among other pillars, the plan […]

Arthur Phillips
Posted September 29, 2021
Tags Budget, Caregiving, Child Care, Children, Jobs, Wages
Taxes and Budget

Legislative watchdog finds Maine seed capital program needs fixing

Maine spends hundreds of millions of dollars each year in business tax incentives. Because allocating money for this purpose reduces potential investments in other priorities including education […]

Maura Pillsbury
Posted September 21, 2021
Tags Budget, Tax Breaks, Taxes
Taxes and Budget

State lawmakers make unprecedented investments in Maine communities and families this session

Lawmakers delivered unprecedented resources to Maine people and communities this year as federal dollars and strong state tax revenues supported historic levels of investment in response to […]

Sarah Austin
Posted September 10, 2021
Tags Budget, Caregiving, Children, Education, Higher Education
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