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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
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