Before the Corporate Tax reform debate jumps the shark

Jump the shark

THE BDN republished a Washington Post article regarding tax inversions.  Tax reversions, as well as the corporate tax code in general, are moving closer to the center of public debate, with the issue of corporate tax reform now overlapping with the issue of corporate person-hood.  While some may question the ‘economic patriotism’ of companies renouncing their […]

Maine’s Coincident Index for July shows economy continuing to improve

July CI

From the Philadelphia Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for July 2014. In the past month, the indexes increased in 41 states, decreased in five, and remained stable in four, for a one-month diffusion index of 72. Over the past three months, the indexes increased in 47 states, […]

How are businesses responding to the ACA?

obamacare-300x199_image_982w

THE impact of the ACA on the nation’s weak economic recovery continues to draw analysis and discussion.  One argument opponents of the ACA often make is that it is driving workers to cut hours and shift workers to part-time status.  To bolster this argument they often cite elevated levels in part-time employment.  While total part-time employment […]

Another Problem with the Skills Gap Argument

Bev-Curve

Jared Bernstein has a pretty interesting post up regarding the Beveridge Curve, which in turn has some impact on the skills gap arguments taking place in Maine.  Skills gap proponents in Maine like to point to national trends to bolster their argument that the state is suffering from the national trend. On the national level, skills […]

Funding the Highway Trust Fund is not a Binary Choice

gas tax

SIN taxes (a form of a Pigou Tax) are used to discourage the consumption of a good–think pollution.  In theory, the taxes are imposed to pay for the negative externalities caused by consumption of that good (damage to third-party property owners in the case of pollution).  The revenues are costs are in equilibrium because the […]

More Data suggesting Weakness in Maine’s Labor Market

WHILE some labor market indicators for the state continue to improve, other data points to continuing weakness in Maine’s labor market.  While the unemployment rate for the state continued to decline, and the employment-population ratio remains relatively strong, the quality of jobs being created is weak. As MECEP highlighted last month, Maine has the 5th […]