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
Health Care Census data: Health insurance coverage in Maine at record levels This week, the U.S. Census Bureau released 2021 poverty, income, and health data from its Current Population and American Community Surveys (CPS and ACS). Overall, the new national and state […] Posted September 15, 2022 Tags Child Tax Credit, Economic Security, EITC, Health Care, Medicaid
Taxes and Budget A recent history of Maine’s swiftly evolving tax code For most of the 1990s and 2000s, Maine’s tax code remained relatively stable. Corporate and income tax rates were unchanged and except for modifications to how the […] Sarah Austin Posted August 4, 2022 Tags Budget, EITC, Income Tax, Property Tax, Revenue, Sales Tax, Tax Fairness, Taxes
Taxes and Budget Maine Lawmakers Are Putting $$$ In Workers' Pockets There’s no way around it – expenses are rising faster than wages. That’s why Maine lawmakers expanded the Earned Income Tax Credit this session, which means money […] Mainers for Working Families Posted June 9, 2022 Tags Economic Security, EITC, Tax Fairness, Taxes
Taxes and Budget Earned Income Tax Credit expansion provides greater economic security for working families We all want expanded opportunities for our communities and to ensure our neighbors have the support they need to be stable and secure. But corporations are raising […] Sarah Austin Posted May 16, 2022 Tags EITC, Incomes, Poverty, Tax Fairness
Taxes and Budget Story of the Session: the fight for tax fairness Mixed success The 130th Maine Legislature’s record on tax fairness is mixed. During one of the most chaotic and turbulent sessions in recent memory, the legislature was […] Ryan Tipping Posted August 16, 2021 Tags Budget, EITC, Estate Tax, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget MECEP response to supplemental budget votes from the Committee on Appropriations and Financial Affairs AUGUSTA, Maine — Garrett Martin, executive director at the Maine Center for Economic Policy, released the following statement about the bipartisan budget agreement passed by the Appropriations […] Posted June 28, 2021 Tags Appropriations Committee, Budget, Education, EITC, Tax Fairness, Taxes
Taxes and Budget EITC makes up to $7,459 available to low-income, working Mainers — but only if they file their taxes Maine workers with low incomes could receive thousands of dollars through the Earned Income Tax Credit, or EITC. But that income boost is only available to those […] Mario Moretto Posted April 27, 2021 Tags EITC, Taxes
Maine’s Economy Transformative “American Rescue Plan” will deliver $6 billion to Maine’s economy The $1.9 trillion American Rescue Plan Act recently approved by Congress will deliver roughly $6 billion to Maine’s economy, according to recent MECEP analysis. The top initiatives that will support Maine’s economic […] James Myall Posted April 2, 2021 Tags Children, Coronavirus, Economic Security, Economy, Education, EITC, Federal, Housing, Infrastructure, K-12 Education, SNAP, Taxes, Unemployment
Taxes and Budget Bill to strengthen EITC would boost incomes for 92,000 Maine families, improve Maine’s tax code The Earned Income Tax Credit, or EITC, is a proven tool to reduce poverty and give kids from families with low incomes a better shot at success […] Sarah Austin Posted March 23, 2021 Tags Children, EITC, Tax Fairness, Taxes
