The state has now conformed with the federal tax code, providing $76 million in tax relief for individuals and businesses and making filing easier.
taxes
Posted inLocal & State, News, Politics
Carol Palesky, outspoken anti-tax crusader, ex-convict, dies at 78
The former Topsham woman led an unsuccessful effort to cap property taxes in Maine in 2004 – after serving two jail sentences.
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Posted inBusiness, Local & State, News
Alcohol a factor in fight between Maine and New Hampshire over millions in revenue
New Hampshire wants to sell more booze to out-of-staters so it’s offering them discounts – something Maine’s liquor agency dismisses as a ‘gimmick.’
Posted inOp-Eds, Opinion
Cynthia Dill: Being fiscally conservative means something different these days
President Trump, Gov. LePage & Co. use record debt as a good excuse to cut social programs.
Posted inLocal & State, News
Portland’s $360 million budget expected to increase taxes 3.8%
The council passes the spending plan on a unanimous vote, preserving money for Fourth of July fireworks and increasing business licensing fees.
Posted inBusiness, Local & State, News, Politics
LePage warns taxpayers that some may need to file amendments to their 2017 returns
But a liberal economic policy group says his warning applies only to a small number of businesses or individuals who take bonus depreciations or itemize deductions for high medical costs.
Posted inBusiness, News
Maine sees unexpected sales growth as shoppers pay up online
For years online retailers avoided charging state and local sales taxes, but that is beginning to change.
Posted inLocal & State, Politics
What’s left in limbo: Rundown of major unfinished business as 2018 legislative session ends
Here is a recap of some of the major issues debated in the Legislature this year, where they currently stand and their prospects going forward.
Posted inLocal & State, News, Politics
From Medicaid expansion to pot sales, partisan stalemate in Augusta leaves key issues unresolved
A late-night impasse over adjournment has members of the 128th Maine Legislature vehemently blaming political opponents, with time running out and the fate of unfinished legislation unclear.
Posted inLocal & State, Politics
Partisan brinkmanship paralyzes Legislature as clock ticks on end of session
Deep distrust between Democrats and the conservative House Republican caucus closely aligned with Gov. LePage centers particularly on the key issues of Medicaid expansion and tax conformity.