The measure to allow municipalities to collect a 1% sales tax is supported by the mayors of some of Maine’s largest cities, but it faces an uncertain fate as it heads to the full Legislature for a vote.
taxes
Posted inMaine, News, Politics
Lawmakers hear proposals aimed at easing tax bite on Maine homeowners
The bills that went before the Taxation Committee would all increase the amount of property value exempt from local taxes, but some would apply only to older residents.
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Posted inMaine, News, Politics
Republicans call for state income tax cut, warn against Democratic agenda
A group of prominent Republicans gathered with supporters at the State House on Monday, the tax filing deadline in most states, to highlight Maine’s tax burden and call for spending restraint.
Posted inBusiness, Maine
Maine can put off last minute tax filings another two days
The average state refund for the returns filed with Maine Revenue Services and due refunds so far: $655.
Posted inBusiness, Maine
Taxpayers finding costly surprises in their 2018 returns
Analysts say many payroll departments withheld too little income tax last year, requiring workers to make up the shortfall.
Posted inBusiness, Maine, Nation / World, News
Angus King targets IRS for auditing poor Mainers more than most Americans
Piscataquis and Washington counties have more than their fair share of tax audits.
Posted inBusiness, News
Proposal to increase Maine gas tax in summer going nowhere fast
Lawmakers will consider other measures to address the chronic underfunding of Maine’s highway system.
Posted inMaine, Politics
Auburn, Portland mayors lobby for local-option sales tax
Bills that would allow cities and towns in Maine to charge a local sales tax on goods and services are before the Legislature’s Taxation Committee.
Posted inBusiness, Lewiston-Auburn
Lewiston-Auburn leaders float idea of local option sales tax
The city managers of Lewiston and Auburn spoke to members of the business community Thursday about the budget challenges facing the cities, as well as possible solutions, including a local option sales tax.
Posted inMaine
Lawmakers seek to make motorists from away pay more for Maine’s highways
The Maine Legislature is eyeing a summertime gas tax hike to help close a longstanding funding gap for infrastructure needs.