Menu
Tax Notes logo

Maine Policy Group Makes Economic Recovery Recommendations

Dated Sep. 30, 2020

SUMMARY BY TAX ANALYSTS

The Maine Center for Economic Policy published a report examining how state and federal responses to the Great Recession could help Maine's economy recover from the COVID-19 pandemic, finding that state spending supports jobs and economic growth in a recession, and calling on Maine's legislature to refrain from making budget cuts and instead raise much-needed revenue by increasing taxes on the state's wealthiest households and profitable corporations.

Copy RID