AUGUSTA, Maine (AP) — Maine lawmakers are figuring out how to ensure Mainers aren’t hit with a higher state tax bill due to the Republican tax overhaul that President Donald Trump recently signed into law. Republican Gov. Paul LePage’s administration said Thursday he’ll submit legislation aimed at preventing a state tax hike. The federal policy […]
federal taxes
High taxes produce a moving experience
One reason Democrats seem so fixated on importing illegal immigrants and allowing their children to stay and become citizens may be the exodus from high-tax and traditionally Democratic states. Anecdotal evidence is usually not helpful in determining trends, but when stories begin to accumulate and sound the same attention must be paid. Two friends of […]
The shutdown is over so what is next?
WASHINGTON — OK, the shutdown is over. But no one should be fooled into thinking that this settles the big questions facing the country. Even if (a big “if”) the immigration laws are overhauled and the nearly 700,000 “Dreamers” stay in the United States, at least three large issues remain that neither party has yet […]
Eliminate the corporate income tax
By T. R. Reid Special To The Washington Post Republican leaders have proposed to cut the corporate income-tax rate to 20 percent, in a tax plan that adds $1.7 trillion to the deficit over the next decade. How should Democrats respond? They should propose to cut the corporate tax rate to zero — in a […]
Taxing dollars already taxed by states will not happen
Nice try, Republicans. You’d like to end the federal deduction for state and local taxes. That would stick the expensive-to-live-in blue states with more of the nation’s bills. It would amount to taxing income that has already gone to taxes. Not gonna happen. Not gonna happen because of politics. But let’s not ignore your honking […]
Trump plan to end state and local tax deductions likely to prove difficult
As Republicans try to figure out a way to deliver on tax cuts President Donald Trump promised, they’re taking a hard look at the possibility of eliminating the income tax deduction for state and local taxes. Though Congress is unlikely to go along, it’s a move that would sock many Maine taxpayers who file federal […]