In This Issue
Tax Reform: An Important Compromise
Spotlight: Our Founding Principles
In the News
Reports & Publications
On the Air
Our Partners: Maine Affordable Housing Coalition
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"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness."

Declaration of Independence

Facts
 Public Option

In recent polls, 76% of Americans say they want a choice between a public and private health insurance plan. 85% want major health care reform. The reason for a public option is simple; without the government as competition, the private sector has little incentive to improve. Nonprofit co-ops will not have the scale or the authority to bring down costs. Insurers and pharmaceutical companies
understand this and are thus opposing a public option. 

Source: Wall Street Journal
Figures
Health Care

428%
Increase in profits for the ten largest insurance companies from 2000-2007

120%
Average increase in health insurance premiums from 1999-2007

29%
Average growth in wages for 1999-2007

77%
Health insurance market in Maine controlled by Anthem Blue Cross
 
Sources: American Medical Association, Kaiser Family Foundation
July 2009
Greetings!
This 4th of July, I'm haunted by the pictures from the election in Iran. As a young media student in the 60's, it was the television coverage of Vietnam that altered forever how politics, war and revolution were carried out. Today it's cell phones and twitter. I always believed communication technology  - rather than the technology of war - would keep freedom alive. I still do. As Michael Jackson said, we are the world. 
Tax Reform - An Important  Compromise

Capitol Side View After years of effort, Augusta finally delivered a significant tax reform package. The package achieves two important objectives. First, it will reduce the total amount of taxes paid by 90% of Mainers when income taxes and sales taxes are tallied up. Second, it will smooth the peaks and valleys in our State revenue stream, making the amount we collect in taxes more consistent from year to year. All of these reforms were the result of compromises on the part of both Democrats and Republicans. Neither conservatives nor progressives are happy with every part of the new system. As a total package, however, the reforms will put money in the pockets of most Mainers and will make Maine's state budget less vulnerable to ups and downs in the economy.

Tax Reform Package Overview

Spotlight: Our Founding Principles

US FlagMaine became a state in 1820, forty-four years after the Declaration of Independence. It was 174 years after that when the Maine Center for Economic Policy was founded. Nevertheless, we try follow our countries founding principles. Liberty and equality achieved through shared prosperity; life that is enhanced by affordable health care for all; fair taxes and budgets that represent the people's will and ability to pay; the pursuit of happiness based on adequate food, shelter, educational opportunity, environmental stewardship and livable wage jobs.    
In the News
In the news
A selection of press releases, articles and opinion pieces from a variety of media on issues we care about:

7/1/09 Bangor Daily News: The case for a public option
6/30/09 Bangor Daily News: Americans should be rooting for health care reform
6/27/09; Bangor Daily News:Tax reform package a good deal for Maine
6/25/09 Sun Journal:Tax reform in an echo chamber
6/19/09 SEIU: Begging for change
6/1/09 The New Yorker: The Cost Conundrum: What a Texas town can teach us about health care
Reports and Publications
Publications
The early American colonists rejected the idea of divine leadership, kings, queens or a perpetual aristocracy, favoring instead equality of opportunity.   Warren Buffett and Bill Gates, Sr. have repeatedly said that the estate tax is good for America because it upholds our system of democracy based on merit rather than inherited wealth. In this month's Choices, federal budget analyst, Nicole Witherbee explores the upcoming Congressional debate on extending current estate tax levels into the future.

Choices: Weakening the Estate Tax: Putting our Future Prosperity at Risk  

On The Air
On the Air

State of the State is our weekly cable television show about issues facing Maine. Check here for programs, airtimes, schedules and podcasts, or contact us for a DVD.

Recently aired and upcoming programs:
  • Broadband in Maine
  • Health Care for Health Care Workers
  • The Tax Reform Package
  • Climate Change
  • National Health Reform
Our Partners:  Maine Affordable Housing Coalition

The Maine Affordable Housing Coalition (MAHC) includesFore River Housing developers, community action agencies, public housing authorities, investors, service providers, advocates and others committed to ensuring that all Mainers are adequately and affordably housed.

In this legislative session, MAHC mounted a successful campaign for the passage of a $30 million bond for the construction and rehabilitation of highly efficient, affordable housing. The bond represents the state's largest single investment in affordable housing in state history. The campaign brought together construction, energy, labor, housing and anti-poverty interests and received broad, bipartisan support from the legislature.

The Maine Affordable Housing Coalition
Sincerely,
 
Deborah Felder
Maine Center for Economic Policy