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Taxes and Budget

MECEP statement on federal “Inflation Reduction Act”

Maine Center for Economic Policy (MECEP) applauds the proposed “Inflation Reduction Act” recently announced by US Senators Chuck Schumer and Joe Manchin and urges Maine’s Congressional delegation […]

Posted August 1, 2022
Tags Corporate Power, Economic Security, Economy, Federal, Health Care, Income Tax, Inflation, Medicare, Tax Fairness, Taxes
Maine’s Economy

Podcast: The corporate profiteering behind inflation and what we can do about it

Jin Woo Chung, senior economist for the Groundwork Collaborative and James Myall, policy analyst for the Maine Center for Economic Policy join host Cate Blackford to discuss rising prices, […]

Beacon
Posted July 29, 2022
Tags Inflation
Taxes and Budget

Maine residents can get up to $850 in direct relief checks — more than any other state

“As housing, food, and energy costs have increased, the stimulus checks will be a big help for low-income households struggling to cover higher costs,” Sarah Austin, director […]

Business Insider India
Posted July 26, 2022
Tags Economic Security, Inflation
Maine’s Economy

Context on inflation and corporate profits ahead of Consumer Price Index release

AUGUSTA, Maine (July 12, 2022) — Ahead of Wednesday’s release of the U.S. Bureau of Labor Statistics June 2022 Consumer Price Index data, inflation is expected to remain […]

Posted July 12, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

GRAPHIC SERIES: Prices are rising and Mainers are feeling the pinch

Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. This mismatch is the result […]

MECEP
Posted July 5, 2022
Tags Corporate Power, Economy, Graphic Series, Inflation
Maine’s Economy

Report: Corporate Consolidation Seen as Major Driver of Inflation

Seven in 10 Americans view inflation as the most pressing issue facing the nation right now, and in Maine, a new report seeks to explore the causes, […]

Public News Service
Posted June 24, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

Report: inflation costs driven mostly by profits, not labor cost

The report by the Maine Center for Economic Progress said corporate profits are rising as Mainers feel the pinch of record-high inflation and pointed the finger at […]

The Center Square
Posted June 22, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

New report explores the role of corporate power in high costs

AUGUSTA, MAINE — Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. This […]

Posted June 20, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

Feeling the Pinch: Inflation and corporate consolidation

Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. The mismatch between Mainers […]

James Myall
Posted June 20, 2022
Tags Children, Consumer Protection, Economic Security, Economy, Food Insecurity, Inflation, Tax Fairness, Taxes
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