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
Taxes and Budget Lack of corporate tax transparency hurts Maine When corporations receive lucrative tax incentives and fail to pay their fair share in taxes, they profit from the hard work of Mainers and exploit the resources […] Maura Pillsbury Posted July 5, 2022 Tags Economy, Income Tax, Tax Fairness, Taxes
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
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 Once again, Legislature extends broken tax break for businesses When funding is funneled away from public priorities like schools, infrastructure, and health care and into business tax breaks, we should be confident that the spending is […] Maura Pillsbury Posted May 27, 2022 Tags Economic Security, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Paul LePage keeps proposing tax ideas that would harm average Mainers LePage’s second term plans for slashing, leading to an elimination of, the income tax would have also raised sales taxes, which hit low and middle income people more. A 2017 analysis […] Bangor Daily News Posted May 24, 2022 Tags Economic Security, Revenue, 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 Maine Took on Big Box Stores, and Won “This is a matter of fairness,” said Sarah Austin, director of policy and research at the Maine Center for Economic Policy, in a statement. “This new law […] Public Seminar Posted May 9, 2022 Tags Dark Stores, Tax Fairness, Taxes
Taxes and Budget MECEP applauds passage of bill to stop corporate tax avoidance AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds Maine state legislators for their efforts to level the playing field for Main Street businesses and […] Posted May 2, 2022 Tags Economy, Tax Fairness, Tax Havens
Taxes and Budget MECEP applauds the legislature’s passage of bill to stop corporate tax scheme AUGUSTA, Maine — The Maine Center for Economic Policy (MECEP) applauds Governor Mills and legislative leaders for standing up for Maine small businesses and homeowners by enacting a […] Posted May 2, 2022 Tags Dark Stores, Economy, Tax Fairness