The projected $800 million can be used ideally to simplify our tax system, or at least to bolster the rainy day fund and invest in infrastructure.
taxes
Posted inOp-Eds, Opinion
Maine Senate president: Why I back Jared Golden’s demand to change the Build Back Better Act
The congressman is leading the effort to roll back the SALT giveaway to the rich as the bill heads to the U.S. Senate, Troy Jackson says.
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Posted inOp-Eds, Opinion
Commentary: Maine Seed Capital Tax Credit is crucial to investment, state’s economic future
Criticism of the program in a recent editorial and on a liberal think tank‘s blog is misinformed and short-sighted.
Posted inBusiness, Nation & World
Democrats seek tax hikes on corporations, the wealthy for $3.5 trillion plan
The tax hikes could bring about the most substantive changes in the tax code since Republicans with then-President Trump slashed taxes in 2017.
Posted inOp-Eds, Opinion
Commentary: Americans who say they pay income taxes are probably lying
Even in normal times, nearly half of U.S. households pay nothing to the federal government. It may be time to institute a minimum rate.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Paying for paving – we need to rethink our outdated model
Excise taxes are calculated on the basis of a vehicle’s age and suggested retail price. But what do those have to do with the wear and tear on Maine roads?
Posted inBusiness, Nation & World, Politics
House is entitled to some of Trump’s financial records, judge rules
The ruling is unlikely to be the last over access to the former president’s closely held finances.
Posted inNation & World
IRS must give Trump’s tax returns to Congress, Justice Department says
The House Ways and Means Committee said it needs Trump’s taxes for an investigation into whether he complied with tax law.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Why Sen. Collins’ proposed tax on electric vehicles is a good idea
The prescient plan that she and Sen. Portman support will help fund infrastructure, will plug a loophole and will initially serve as a levy on wealth.
Posted inNation & World
Charges expected Thursday against Trump’s company, top executive
Prosecutors have been scrutinizing the former president’s tax records, subpoenaing documents and interviewing witnesses, including Trump insiders and company executives.