When small is mighty BIG!

October 18, 2013 by

IFA poster 10-18-2013Robert Reich is short, four feet, eleven inches to be precise. I mention his height because the former labor secretary and current professor at the University of California Berkeley makes it an integral part of the presentation in his thought provoking new documentary, Inequality for All, currently showing at Railroad Square Cinema in Waterville.

When Reich speaks about the ever-widening income gap in America between the uber-rich … Read the rest

Congressional Fiscal Shenanigans: O. Henry or Stanley Kubrick?

October 1, 2013 by

After weeks of gamesmanship, a minority in Congress succeeded in shutting down the federal government at midnight.  The full impact here in Maine is still uncertain.

We do know that on the cusp of peak leaf-peeping season, Acadia National Park will close and businesses on Mount Desert and throughout the surrounding area will feel the pain. Chris Fogg, executive director of the Bar Harbor Chamber of Commerce told … Read the rest

Beware the Bogus Business Ranking Redux

October 1, 2013 by

In December 2011, I wrote the blog post below in response to Forbes magazine’s “Best States for Business” list of that year. Now, for the fourth year in a row, Maine again ranks at the bottom of the magazine’s ranking. While the Maine media is engaged in a feeding frenzy to assign blame, they once again fail to grasp the real issue with the Forbes model: it is a … Read the rest

Time to Get Serious About Solving Maine’s Budget Crisis

June 5, 2013 by

Governor LePage’s budget proposal raises taxes. It contains property tax increases AND income tax increases.

There are better solutions. Unfortunately, when Democratic members of the Legislature’s Appropriations Committee tried to engage their Republican counterparts in a discussion of these last night, the silence was deafening.

This kind of response does not bode well for passing a budget that restores local school funding, avoids dramatic property tax increases, promotes … Read the rest

A Capital Gains Tax Cut Would Worsen Maine’s Budget Gap and Make the Tax System Even More Unfair

February 19, 2013 by

Just when you thought that Maine lawmakers might be getting the message that a majority of Mainers want the wealthy to pay their fair share of taxes, the legislature’s taxation committee voted Friday on a bill that would yet again cut taxes for the wealthy and stick everyone else with the tab.

Last week, the taxation committee heard public testimony and voted on legislation that would dramatically cut the tax … Read the rest

Growing Income Inequality is Another Sign that We Need to Raise Taxes on the Rich

November 15, 2012 by

Income inequality is growing and it’s a problem. New analysis of household income data shows a disturbing nationwide trend of growing income inequality over the last three decades. In Maine, as in the nation as a whole, incomes for the richest families grew faster than incomes for low- and middle-income families between the late 1990’s and the mid 2000’s. Households at all income levels saw incomes fall during the economic … Read the rest

A New Plan to Raise Taxes on 35,000 Working Maine Families With 65,000 Children

July 24, 2012 by

On Wednesday, the US Senate is expected to vote on two opposing tax proposals that would result in very different outcomes for low-income working Mainers.

One, by Senator Orrin Hatch (R-UT) would extend generous tax cuts for the top 2% of income earners in the country while simultaneously ending tax breaks for 13 million working families with 26 million children. It would also extend the “Lincoln-Kyl” estate tax provisions enacted … Read the rest

Half of Fiscal Responsibility is About Revenues

May 21, 2012 by

Maine’s 125th Legislature and the LePage administration have talked a lot about fiscal responsibility, but have their actions supported their rhetoric? House Speaker Robert Nutting called the Fiscal Year 2013 budget “an enormous step toward the goal of getting Maine’s fiscal house in order.” Governor LePage’s premature victory lap has a twelve-bullet section entitled “Putting Maine Back on a Track to Financial Stability.”

Fiscal responsibility is as much about … Read the rest

Maine people deserve credible analysis

December 19, 2011 by

Two weeks ago MECEP released an analysis estimating the loss of nearly 4,500 jobs if the LePage Administration’s proposed $221 million cuts to the Department of Health and Human Services budget are approved.  Not to be outdone, the Maine Heritage Policy Center (MHPC) released their own report today indicating that raising taxes to cover the first year’s proposed $121 million shortfall would cost 6,463 jobs.

Not all jobs estimates are … Read the rest

Greg LeRoy, Good Jobs First Founder, to Deliver MECEP’s 11/16 Shepard Lee Lecture

November 15, 2010 by

Tomorrow evening (Tuesday, 11/16), Greg LeRoy, Founder and Executive Director of Good Jobs First, will deliver MECEP’s latest Shepard Lee Lecture. LeRoy’s topic will be “Economic Development in Hard Times: How to Spend Less and Get More.” A 5:00 p.m. reception will precede the 5:30 p.m. lecture. The event will take place in the Lee Community Room of the University of Southern Maine’s (USM) Wishcamper Center, 34 Bedford Street … Read the rest

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