Posted inBusiness, sj-web

New, temporary taxes take affect today

AUGUSTA — Visitors and residents alike will see a small uptick in what they pay tableside and on some items at the cash register, as temporary increases to the sales and lodging taxes take effect statewide Tuesday. The increase, which will be seen in the bills at shops, restaurants and hotels, is an effort to offset […]

Posted inBusiness

Sales tax on newspapers begins today

Starting Tuesday, Oct. 1, the Sun Media Group is required by law to charge sales tax on all newspaper purchases, including the Sun Journal and its weekly publications circulated in Rumford, Norway, Farmington, Bethel, Rangeley, Livermore Falls and Old Town. The percent sales tax, first proposed by Gov. Paul LePage and passed by the Legislature […]

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Posted inBusiness, sj-web

Lawmakers find little to cheer about in report that Maine’s sales tax burden is nation’s third lowest

AUGUSTA — A new study by a national think tank says Maine’s sales tax is the third-lowest in the country. But legislators — even those known to be proponents of lower taxes — said that’s not necessarily good news. The Tax Foundation, which describes itself as a nonpartisan research organization that has monitored fiscal policy […]

Posted inOur View

‘How does New Hampshire do it?’

That’s not just a headline, it’s the title of a report done in 2011 by the Federal Reserve Bank of Boston. While the data is a little dated, the report is as relevant today as it was two years ago. Gov. Paul LePage’s stated goal for a second term would be to eliminate Maine’s income […]