After opponents of Question 2 withdrew a recount request on Tuesday, the question of tax reform will shift to Gov. Paul LePage and the Legislature — where it was probably going anyway. The Republican governor has made cutting taxes perhaps his biggest priority in office, signing a budget that provided the largest income tax cut […]
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Posted inMaine, sj-web
GOP leader Ken Fredette doubts Legislature has the ‘courage’ for tax reform
Battle lines are already drawn in another tax reform attempt that lies in wait at the State House for the newly elected Legislature. Republican Gov. Paul LePage and the executive branch have been working for months on crafting a state government budget proposal for the next two years, which will likely be presented to lawmakers […]
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Posted inNation / World, sj-web
For about 8 million in middle class, Trump plan would increase taxes
WASHINGTON — President-elect Donald Trump’s proposals would modestly cut income taxes for most middle-class Americans. But for nearly 8 million families — including a majority of single-parent households — the opposite would occur: They’d pay more. Most married couples with three or more children would also pay higher taxes, an analysis by the nonpartisan Tax […]
Posted inAdvertiser Democrat, News
Buckfield mill rate up 72 cents
BUCKFIELD — Selectmen on Tuesday set the fiscal 2016-17 tax rate at $21.52 per $1,000 of assessed value, according to Town Manager Cindy Dunn. “Although the 2016-17 recommended mill rate is a 72-cent increase from last year, the increased $5,000 Homestead Exemption value decreases the enrolled taxpayers’ taxable assessment by that $5,000, resulting in a […]
Posted inNation / World, sj-web
Gov. Paul LePage wants hybrid, electric car drivers to pay more for roads
Gov. Paul LePage wants to ensure that drivers of electric cars are contributing their fair share to the cost of maintaining roads. LePage’s comments came during his weekly radio appearance on WVOM amid a discussion about a trip to Boston the governor has scheduled next week on the expansion of electric car charging stations. The bulk of […]
Posted inFranklin
Kingfield tax rate lowered
KINGFIELD — Taxpayers will see a lower bill in the mail for the 2016-17 fiscal year. Selectmen on Tuesday lowered the tax rate from $17.50 to $17 per $1,000 of assessed property value. They agreed unanimously that the lower rate represents a commitment to maintain a healthy surplus for unforeseen financial needs, while providing a […]
Posted inMaine, sj-web
Rep. Bruce Poliquin was often late with property taxes
PORTLAND (AP) — Republican U.S. Rep. Bruce Poliquin touts fiscal discipline, but he and his real estate company were late paying taxes dozens of times. A review of property tax records in the Maine communities of Oakland, Phippsburg, Georgetown and Bath indicates the freshman lawmaker from Oakland was assessed interest 31 times for tardy payments […]
Posted inMaine
Overhaul of Maine tree growth tax credit chopped down by committee
AUGUSTA — Legislation designed to dramatically overhaul Maine’s tree growth property tax credit program fell largely on deaf ears Monday as lawmakers on the Legislature’s Taxation Committee unanimously rejected the proposal offered by Republican Gov. Paul LePage. Among other provisions in the bill, LD 1632, is one that would have excluded from the program, which […]
Posted inNation / World, sj-web
Tax tips: When you can — and cannot — deduct your pet expenses
Regardless of how you justify your pet deductions, make sure that you have receipts and documentation for all expenses you claim on your tax return or they will be disallowed. Guard Pets Guard animals could pass muster for a deduction for your business. If you consider deducting your pet as a guard animal, make sure […]
Posted inNews
Livermore board gives notice to delinquent taxpayer
LIVERMORE — Selectpersons voted unanimously Monday night to foreclose on a home at 499 Canton Road and send the owner an eviction notice, if back taxes and associated fees are not paid by March 31. Treasurer and interim Administrative Assistant Amy Byron said $3,582.30 was owed as of March 1. A certified letter was sent […]