Maine’s Economy, Taxes and Budget Tariffs — An Explainer Updated April 18, 2025 What are tariffs? Tariffs are taxes on imported goods. When targeted and strategically planned, they can counter unfair trade practices, serve as negotiation […] Karin Leuthy Posted April 18, 2025 Tags Economic Security, Economy, Federal, Jobs, Taxes
Taxes and Budget Wednesday Sit-Down: Trump pauses tariffs In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to talk about President Trump pausing tariffs. Click […] WGME Posted April 9, 2025 Tags Economic Security, Economy, Federal, Wednesday Sit Down
Jobs and Income, Maine’s Economy, Taxes and Budget Press conference to urge passage of LD 1294 to expand Maine’s child tax credit Senate President Daughtry, advocates, and families urge passage of LD 1294 to expand Maine’s child tax credit Pictured left to right: Tabetha Thomas, Jess Charrier, Garrett Martin, […] Posted April 7, 2025 Tags Child Tax Credit, Economic Security, Economy, 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 What Maine can expect as Donald Trump’s tariff day approaches More than 750,000 Canadians visited the state in 2023. While they make up just 5 percent of all tourists to Maine, they still accounted for more than $450 […] Bangor Daily News Posted April 1, 2025 Tags Economic Security, Economy, Federal
Taxes and Budget New “continuing services budget” provides stable foundation for future planning Last Friday the appropriations committee approved an $11.5 billion “continuing services” budget to continue state operations at a more-or-less flat level for the next two years. While […] James Myall Posted March 20, 2025 Tags Budget, Caregiving, Child Care, Economic Security, Education, Health Care, Higher Education, Medicaid, Wages
Taxes and Budget STATEMENT: Mainers speak out against chaotic federal funding and firing decisions (Brewer, ME) ━ One by one, a diverse group of Mainers including a fired federal worker, business and fishing groups, a veteran, and a SNAP participant spoke […] Posted March 19, 2025 Tags Budget, Economic Security, Federal
Maine’s Economy U.S., Canada political tension could affect Maine summer tourism James Myall, analyst at the Maine Center for Economic Policy, said even a partial decline in visitors could have negative ripple effects. “There are a lot of […] Public News Service Posted March 14, 2025 Tags Economic Security, Federal
Taxes and Budget Maine Senate Republicans backtrack on budget deal, jeopardizing health care and forestry Updated 3/13/2025 At a glance: Maine Senate Republicans agreed on a budget to help health care and forestry — the state has extra funds to cover these […] James Myall Posted March 12, 2025 Tags Budget, Economic Security, Economy, Jobs, Revenue
Maine’s Economy, Taxes and Budget GOP plan shifting SNAP costs to states risks hunger for 172,200 Mainers Congressional Republicans’ proposal to push SNAP food costs to states would put 172,200 children, older Mainers, and Mainers with disabilities at risk of hunger AUGUSTA — 172,200 […] Posted March 11, 2025 Tags Economic Security, Economy, Federal, Food Insecurity, Medicaid, SNAP