Maine’s business equipment tax reimbursement and exemption programs are costly for municipalities and don’t appear to be effective at getting businesses to invest more in new equipment.
property taxes
Posted inBusiness, Local & State, News, Times Record
Bill would prohibit a common property tax appeal by big-box retailers
Large retailers have been pressuring Maine communities to lower their property taxes based on hypothetical arguments about the properties’ resale value.
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Posted inBusiness, Local & State, News, Times Record
Freeport considers tax break for L.L. Bean headquarters expansion
The retailer is requesting a $10 million tax increment financing district that could help offset its future property tax costs and fund community projects.
Posted inOp-Eds, Opinion
Senate Democratic leaders: The Fighting for Maine Agenda is about putting Mainers first
We’re focusing on health care, property taxes, energy independence and giving workers a fair shake.
Posted inBusiness, Local & State, News
About 300,000 Maine homeowners will get $100 each in property tax relief
Mainers who pay property taxes and are eligible for the state’s Homestead Exemption program can expect to get checks for roughly $100 by January or February.
Posted inLocal & State, News, Politics
Maine Senate Democrats will hold town halls to publicize legislative agenda
Democrats, who hold a Senate majority, say they’ll focus on health care, property taxes, energy independence and protecting workers’ rights.
Posted inLocal & State, News
Scarborough homeowners balk at first townwide revaluation in 14 years
Hundreds of Scarborough residents are reeling after the first comprehensive property revaluation since 2005 results in big increases.