Taxes and Budget MECEP applauds the enactment of the “Inflation Reduction Act” “The Inflation Reduction Act will ensure wealthy corporations making record profits pay their fair share. It will bring down the cost of prescription drugs for older Mainers […] Posted August 16, 2022 Tags Economy, Federal, Inequality, Inflation, Tax Fairness, Taxes
Health Care, Jobs and Income, Taxes and Budget The Inflation Reduction Act makes our tax code fairer, tackles the climate crisis, and makes health care more affordable for Mainers On Sunday, the US Senate passed the Inflation Reduction Act, a bill which promises to make historic investments in clean energy, long-awaited fixes to our upside-down tax […] James Myall Posted August 11, 2022 Tags Federal, Health Care, Inflation, Tax Fairness, Taxes
Taxes and Budget What the Inflation Reduction Act means for Maine Stateside advocates like King, the liberal Maine Center for Economic Policy and Maine Senate President Troy Jackson, D-Allagash, say the bill will reduce costs for Mainers on utilities and health care, […] Bangor Daily News Posted August 8, 2022 Tags ARPA, Federal, Health Care, Inflation, Taxes
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
