High taxes and a slow-moving permitting process are giving the black market a reason to exist.
taxes
Posted inNation & World, New England
Tax evader in New Hampshire standoff should not be released, prosecutors argue
The U.S. attorney’s office says a woman who took part in a monthslong standoff with her husband U.S. marshals in 2007 should not be released from federal prison yet.
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Posted inOp-Eds, Opinion
Union official: BIW doesn’t need subcontractors to stay competitive
After getting pay concessions and tax breaks, the company should be ready to fulfill its obligation to the U.S. defense manufacturing sector.
Posted inOp-Eds, Opinion
Commentary: On Prohibition’s centennial, should we expect same trajectory for cannabis?
If the history of alcohol regulation is any guide, backers of federal pot legalization should persuade our leaders of the potential tax windfall.
Posted inBusiness, Local & State, News, Politics
Maine Senate president defends his criticism of BIW tax credit
Sen. Troy Jackson says his work for a union that represents shipyard workers doesn’t constitute a conflict of interest.
Posted inBusiness, Local & State, News, Politics
Forecast suggests state revenues will beat projections again in 2020
Maine’s Revenue Forecasting Committee met Monday to finalize its next forecast, which suggests the state revenues will be about $75 million more than planned for the two-year budget cycle.
Posted inOp-Eds, Opinion
Commentary: Congress has an opportunity to lower drug costs – and there’s no time to waste
People who take insulin are among those hardest hit by spiraling expenses. A new medication pricing bill would help them.
Posted inNation & World
Trump again asks Supreme Court to prevent disclosure of his financial records
On Friday, he sought to shield them from Congress, while on Thursday he asked that a Manhattan prosecutor be denied access.
Posted inNation & World, News
Trump asks Supreme Court to block subpoena for his taxes
The filing sets the stage for a high court showdown over the tax returns he has refused to release, unlike every other modern president.
Posted inLocal & State
Sen. Collins seeks to ‘fix’ federal tax marriage penalty
Maine’s senior senator pushes to double the deduction for state and local taxes for married filers, a change that would help many in high-tax states like Maine.