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Maine’s Economy, Taxes and Budget

It should be easy for Congress to prioritize the well-being of children and families

In Maine, about four out of five kids live in households benefiting from the expanded credit, according to the progressive Maine Center for Economic Policy. The vast majority of […]

Bangor Daily News
Posted September 22, 2023
Tags Child Tax Credit, Children, Economic Security
Taxes and Budget

Amid rise in child poverty rates, Maine child tax credit expected to buoy 3,500 youth

Those percentages come from what’s called a “supplemental poverty measure,” which accounts for government benefits, post-tax income and costs of running a family such as commuting, child […]

Maine Morning Star
Posted September 19, 2023
Tags Child Tax Credit, Children, Poverty, Taxes
Taxes and Budget

Maine's budget provides historic supports and fortifies the foundation for a strong economy

This week Governor Mills signed the “part two budget” that makes historic investments — establishing a paid family and medical leave program for Maine, committing over $100 […]

Sarah Austin
Posted July 13, 2023
Tags Budget, Child Care, Child Tax Credit, Children, Economic Security, Economy, Education, Employment, Family and Medical Leave, Health Care, Housing, Jobs, Seniors, Tax Fairness, Wages
Taxes and Budget

Bills passed by Maine lawmakers are piling up on ‘the table’ – and many will die there

“It can be very sobering, and it can risk momentum for causes that you spend a lot of time building,” said Leuthy, who is now a lobbyist […]

Portland Press Herald
Posted June 19, 2023
Tags Budget, Child Care, Child Tax Credit, Direct Care Work, Housing, Paid Family and Medical Leave
Maine’s Economy, Taxes and Budget

About that tax ranking…

Note: Updated April 15, 2024  As lawmakers debate tax credits, cuts, and subsidies, we often hear Maine’s tax policy compared with other states. State-by-state rankings and “listicles” […]

MECEP
Posted May 30, 2023
Tags Budget, Child Tax Credit, EITC, Income Tax, Inequality, Property Tax, Racial Equity, Sales Tax, Tax Breaks, Tax Fairness, Tax Havens, Taxes
Jobs and Income, Maine’s Economy

Brief: Providing workers the support they need to enter and stay in the labor force

At a glance Maine has more jobs now than before the pandemic Labor force participation has mostly rebounded to pre-pandemic levels but is not adequate to keep […]

MECEP
Posted May 26, 2023
Tags Child Care, Child Tax Credit, Direct Care Work, Economic Security, Economy, Employment, Family and Medical Leave, Inclusive Economy, Job Quality, Jobs, Paid Sick Days
Taxes and Budget

Our View: Lawmakers should use child tax credit to boost next generation of Mainers

“The child tax credit has such a transformational impact on children’s lives that every dollar spent on the credit has a ten dollar return on investment to […]

Portland Press Herald
Posted May 26, 2023
Tags Child Tax Credit, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Legislators can build on Governor’s change package to boost economic vitality for Maine families

Governor Mills’ budget change package — which amends her prior budget proposal to align with more current revenue projections — lays a solid foundation for Maine. It […]

Josie Phillips
Posted May 18, 2023
Tags Budget, Child Care, Child Tax Credit, Housing, Inequality, Revenue, Tax Fairness, Taxes
Taxes and Budget

Parents, advocates urge lawmakers to reduce poverty in Maine by expanding child tax credit

In Maine, the expanded federal program in 2021 provided increased funds for 142,000 families with 229,000 children — and like the proposed state program, it was refundable, […]

Beacon
Posted May 5, 2023
Tags Child Tax Credit, Tax Fairness, Taxes
Taxes and Budget

Some lawmakers call for more robust Maine Child Tax Credit

Advocates of the bill also say “CTC” will have long term benefits. “Research has shown that the child tax credit, every dollar we spend on it, generates […]

WGME
Posted May 4, 2023
Tags Child Tax Credit, Tax Breaks, Tax Fairness, Taxes
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