AUGUSTA — In a party-line vote Monday, Democratic lawmakers in the Maine House rejected a proposal by Gov. Paul LePage that would have asked voters whether they wanted to amend the state’s constitution to eliminate the income tax by 2020. The 82-64 vote against the bill was not unexpected but sets up a scenario where […]
taxes
Legislature’s budget committee rejects LePage tax plan
AUGUSTA — At the same time Gov. Paul LePage was promising Lisbon residents he would take his campaign to end Maine’s income tax to the people in a statewide ballot vote, lawmakers at the State House voted against his tax and budget proposals. Tuesday evening, the Legislature’s budget-writing Appropriations Committee nixed an income tax cut […]
Rotundo says time running out for tax reform
AUGUSTA — With precious little time left before a two-year state spending plan must be passed, the top Democratic budget negotiator said Friday there’s little chance for a comprehensive tax reform package identified by Gov. Paul LePage as his top fiscal priority. “It’s difficult, at this point, to do any meaningful kind of tax reform,” […]
Bill that tackles offshore tax havens clears Maine House on party-line vote
AUGUSTA — A measure to prevent multinational corporations from evading Maine taxes by hiding profits in offshore tax havens won initial approval in the state’s Democratic-controlled House of Representatives on Thursday on an 81-67, party-line vote. The bill, LD 341, sponsored by state Rep. Ryan Tipping-Spitz, D-Orono, requires Maine companies to report any income from […]
Maine gets an extra 4 days to file federal tax returns in 2016
WASHINGTON — Maine residents can wait until April 19, 2016, to file next year’s federal tax returns. Taxpayers in most states will get an extra three days to file their federal returns in 2016, the IRS said Tuesday. The filing deadline is being delayed because the District of Columbia will celebrate Emancipation Day on April […]
Exclusive: State House Republicans offer plan counter to LePage on state budget and taxes
AUGUSTA — Gov. Paul LePage has promised he would campaign against any lawmaker who opposes his efforts to reduce and eventually eliminate the state’s income tax. But a tax-reform plan being offered by LePage’s Republican allies in the State House falls far short of the governor’s proposal, setting up the possibility that they will face […]
Democrats on Maine taxation committee reject LePage referendum bill
AUGUSTA — On a mostly party-line vote, a legislative committee Wednesday rejected a proposal by Republican Gov. Paul LePage that would ask Maine voters to repeal the state’s income tax by 2020. The proposal seeks to put a ballot question before voters in November that would amend the state’s constitution to prohibit a state income […]
LePage to promote tax plan in Machias, Belfast this week
AUGUSTA — Republican Gov. Paul LePage is heading to Eastern Maine this week as he continues his tour to tout his tax plan. LePage will hold town hall meeting 6 p.m. Tuesday at the University of Maine Hutchinson Center in Belfast. The event is being held in the Walsh Wing conference room. At 6 p.m. Wednesday, […]
LePage willing to compromise but not on income tax
During nearly 40 minutes at the microphone, LePage said that if he and the Legislature can’t agree on a tax reform package by July 1, when a new two-year budget takes effect, he’ll push for a statewide referendum in November 2016 that asks Mainers if they want to eliminate the income tax. “If it doesn’t […]
LePage to launch online calculator to promote tax plan
AUGUSTA — A new online calculator will allow residents to compare the tax rates and credits under current law to Gov. Paul LePage’s tax overhaul plan. The Republican governor will unveil the new online calculator at the Statehouse on Wednesday, which is the deadline for filing taxes this year. LePage has proposed a massive tax […]