On anniversary of ARPA, 8,000 children will likely be pushed back into poverty without expanded Child Tax Credit New analysis also shows Maine stands to lose $70,750,000 in additional economic activity each month without payments to parents. Friday is the first anniversary of the American […] Posted March 11, 2022 Tags ARPA, Child Tax Credit, Children, Economic Security, Economy, Federal
Taxes and Budget MECEP statement on advancement of bill to stop corporate tax avoidance AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds the Legislature’s Taxation Committee for advancing efforts to stop corporations from exploiting a loophole to lower their […] Posted March 10, 2022 Tags Economy, Tax Fairness, Tax Havens
Taxes and Budget MECEP statement on passage of bill to stop corporate tax scheme AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds the Maine House of Representatives’ bipartisan vote today to prevent big box retailers from using a tax scheme called […] Posted March 9, 2022 Tags Dark Stores, Economy, Property Tax, Tax Fairness
Maine’s Economy, Taxes and Budget MECEP statement on state surplus budget proposal AUGUSTA, Maine — Garrett Martin, president & CEO at the Maine Center for Economic Policy (MECEP), released the following statement in reaction to Gov. Mills’ proposed allocation of Maine’s […] Posted March 3, 2022 Tags Budget, Economy, Income Tax
Taxes and Budget Opinion: Maine’s leaders must make the most out of historic surplus When a state’s budget fully invests in its people and communities, everyone benefits. Today, Maine has a surplus and policymakers have an opportunity to improve people’s lives, get our […] Beacon Posted March 2, 2022 Tags Budget, Economic Security, Economy, Tax Fairness, Taxes
Maine’s Economy Equal footing for Maine tribes At its core, tribal sovereignty is about fairness. LD 1626, “An Act Implementing the Recommendations of the Task Force on Changes to the Maine Indian Claims Settlement […] James Myall Posted February 25, 2022 Tags Economic Security, Economy, Inequality, Racial Equity, Tax Fairness
Taxes and Budget How corporations made inflation worse and why Build Back Better could help Fortunately, the rising costs of energy, cars and a host of other goods show signs of easing in the year ahead. The price of gas peaked in November at […] Bangor Daily News Posted January 28, 2022 Tags Budget, Coronavirus, Economic Security, Economy, Federal
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
Maine’s Economy MECEP context and quotes on inflation and surplus AUGUSTA, Maine — Ahead of the U.S. Bureau of Labor Statistics Friday release of the November Consumer Price Index data on Friday, December 10, the Maine Center for Economic […] Posted December 9, 2021 Tags Coronavirus, Economy, Federal, Wages
Maine’s Economy, Taxes and Budget MECEP statement on House passage of Build Back Better With the House poised to take a vote on the Build Back Better legislation, we are one step closer to delivering policy advances that will help families […] Posted November 19, 2021 Tags Economy, Federal