Taxes and Budget Bill could double child tax credit for Maine families The most recent poverty report from the Maine Center for Economic Policy shows that in 2023, Maine’s child poverty rate, 12.6%, remained “historically low.” Advocates at the press conference said they […] WMTW Posted April 7, 2025 Tags Budget, Child Care, Child Tax Credit, Taxes
Taxes and Budget Parents of Maine young children could have increased tax credit under proposed legislation “We’ve seen it work,” added President and C.E.O. of Maine Center for Economic Policy Garrett Martin. “When the federal child tax credit was expanded during the pandemic, […] WABI Posted April 7, 2025 Tags Budget, Child Tax Credit, Children, Taxes
Taxes and Budget Wednesday Sit-Down: Will tax cuts balloon federal deficit? In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to talk about will tax cuts balloon federal […] WGME Posted April 3, 2025 Tags Budget, Economy, Federal, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down
Taxes and Budget Feds threaten to blow a $649 million hole in Maine’s state budget At a glance: Congress and President Trump are considering cutting federal funds to states, primarily to finance tax cuts for the wealthy, with Maine facing a potential […] James Myall Posted April 3, 2025 Tags Budget, Education, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes, Trump Tax Cuts
Taxes and Budget Tax on Maine millionaires heard in committee “We’re facing a budget shortfall, and there’s going to be some difficult decisions the legislature has to make. Either about making cuts to programs or raising additional […] WABI Posted March 26, 2025 Tags Budget, Revenue, Tax Breaks, Taxes
Taxes and Budget Raise taxes on Maine’s wealthy? Some of them are OK with that The bills heard Wednesday were supported by a broad range of advocacy groups, including the Maine Women’s Lobby, Maine Equal Justice, Maine Center for Economic Policy and […] Portland Press Herald Posted March 26, 2025 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Wednesday Sit-Down: 'Millionaires Tax' proposal in Maine In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS 13 to talk about a proposed “Millionaires Tax” […] WGME Posted March 26, 2025 Tags Budget, Revenue, Tax Fairness, Taxes, Wednesday Sit Down
Jobs and Income, Taxes and Budget Maine must invest in child care, not cut it At a glance: Proposed budget cuts to child care funding will reduce wages for child care workers, limit child care availability, and weaken Maine’s economy Child care […] Arthur Phillips Posted March 3, 2025 Tags Budget, Caregiving, Child Care, Children, Direct Care Work, Tax Fairness, Taxes
Taxes and Budget Golden’s Family Income Security Credit: strong fundamentals undermined by some problematic provisions Congressman Jared Golden has shared a new idea to change the Child Tax Credit (CTC) and make it better for families. The fundamentals of his plan, called […] James Myall Posted February 28, 2025 Tags Budget, Child Care, Child Tax Credit, Federal, Incomes, Tax Fairness, Taxes
Health Care, Jobs and Income, Maine’s Economy, Taxes and Budget Proposed Medicaid cuts put Maine families’ incomes at risk At a glance: Proposed Medicaid cuts could affect over 400,000 Mainers, especially children, older adults, and families with low income, reducing access to essential health care and […] Megan Michaud Posted February 21, 2025 Tags Budget, Health Care, Incomes, Inequality, Medicaid, Tax Breaks, Tax Fairness, Taxes, TCJA, Trump Tax Cuts
