Setting the Record Straight on the Impacts of Governor LePage’s Tax Plan

January 18, 2017 by
Garrett Martin blog 11-16-2015

Garrett Martin

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

January 13, 2017 by
Sarah Austin

Sarah Austin

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

More than One in Seven Working Mainers Will Receive Pay Raise Tomorrow

January 6, 2017 by
Sarah Austin

Sarah Austin

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

November 15, 2016 by
Mark Sullivan

Mark Sullivan

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

Question 2 will create a strong economy, thriving communities, and successful kids

November 1, 2016 by
James Myall

James Myall

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

No Communities Will Lose Education Funding as a Result of Question 2

October 19, 2016 by
Garrett Martin blog 11-16-2015

Garrett Martin

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.

Towns that lose education funding do so when they have a drop in student enrollment or an increase in property values. Question Read the rest

An outcry for payday lending reform

October 18, 2016 by
Jody Harris

Jody Harris

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

October 17, 2016 by
Sarah Austin

Sarah Austin

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

September 20, 2016 by
Mark Sullivan

Mark Sullivan

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

Responsible Lending; Responsible Borrowing

September 1, 2016 by
Jody Harris

Jody Harris

Jack Weiss

Jack Weiss

What do people do when they need money quickly? Their car needs costly repairs so they can get to work. A medical emergency has resulted in a hefty bill. The furnace is broken, and the temperature is dropping.

Many Mainers turn to payday lenders for fast loans. But while they’re easy and fast to obtain, payday loans come at a high price—with interest rates topping 200%Read the rest

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