The Maine Sunday Telegram’s (MST) recently published, above the fold, front page story on the impacts of Governor LePage’s tax plan comes up short in its analysis of the costs and benefits to Maine families of the LePage tax plan. Aside from overstating the benefits from proposed income tax changes, the article fails to account for the impact of proposed sales and property tax changes on the bottom … Read the rest
Upside-down tax plan, missed opportunity, and unnecessary and harmful cuts in the governor’s budget proposal
At a time when Maine families are falling out of the middle-class, when experienced workers need new skills to secure good paying jobs in a modern economy, and when state infrastructure is in need of improvement and expansion, the state budget presents an opportunity to solve shared problems and return our quality of life to the way life should be.
Governor LePage’s final biennial budget, released last week, … Read the rest
The voter-approved minimum wage increase takes effect tomorrow, increasing wages for 74,000 Mainers. Nearly 30,000 additional Maine workers are expected to receive a raise this year as employers adjust their pay scales to compensate workers earning wages near the new minimum.
The new law increases the minimum wage from $7.50 to $9.00 an hour this year and will increase the minimum wage by a dollar each year until … Read the rest
Mainers vote for MECEP-backed initiatives to raise the minimum wage, rollback tax breaks for the wealthy to fund education
On November 8th, Maine voters approved two referendum questions the Maine Center for Economic Policy (MECEP) strongly supported and for which we provided critical research and analytical support.
MECEP helped to conceive Question 2, the initiative to rollback recent tax breaks for the wealthy to increase education funding. This measure places a three-percent surcharge on taxable annual household income above $200,000 and will generate more than $150 million … Read the rest
Maine’s future economic success depends on having a well-skilled workforce able to tackle the challenges of the twenty-first century – and the means of developing that workforce is through the education of our children. Research indicates that investment in education is not only one of the best economic decisions a state can make, but that the earlier we direct resources at students, the more impact it has on … Read the rest
Don’t be deceived Sebago, Lincolnville, Greenwood, Bremen, Newry, Machiasport, and Jonesport. Despite Maine Heritage Policy Center’s (MHPC) bogus claim, a “Yes” vote on Question 2 will not cause you to lose education funding. In fact, you likely stand to gain funding if Question 2 passes.
When MECEP joined a dozen nonprofit labor, business, senior, economic justice, and community organizations from Maine to call for stronger federal consumer protections against predatory payday lenders, we didn’t know we were enlisting in a movement!
But consumers from across the country poured out their stories to federal regulators about being fleeced by payday lenders. In fact, the Consumer Finance Protection Bureau (CFPB) received 425,000 public comments supporting … Read the rest
Demystifying Maine’s school funding formula to show how Question 2 will move our students to the head of the class
Question 2 on this November’s ballot increases revenue for education by $159 million a year. The state would distribute revenue raised through the existing state funding formula, and state funding would reach 55 percent of statewide education costs, a funding benchmark Maine voters mandated in 2004. Fully 94 percent of Maine students live in districts likely to receive increased state funding if Question 2 passes. Question 2 would … Read the rest
New MECEP report: Question 2 will raise more than $150 million annually to invest in student learning
On November 8, Maine voters will consider Question 2, a ballot initiative that would roll back recent tax breaks for the wealthy and dedicate this revenue to provide additional state level resources for schools. In our new report, Moving Maine Students to the Head of the Class, MECEP’s research and analysis concluded that the proposed three percent tax on income above $200,000 dedicated to K-12 education will … Read the rest
Mounting evidence reinforces the case for accepting federal funds to improve health care access and affordability in Maine
Several recent studies and analyses of the 31 states that have accepted federal money to increase access to health care demonstrate the continued benefits of doing so. The research confirms that Medicaid expansion is a win-win-win – good for patients, good for the states, and good for everyone with private health insurance.