WASHINGTON (AP) — Closing in on the first major legislative achievement of his term, President Donald Trump on Saturday defended the Republican tax cut as a good deal for the middle class while boldly suggesting it could lead to explosive economic growth. The legislation, which the GOP aims to muscle through Congress next week, would […]
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Posted inNation / World, sj-web
Wisconsin Sen. Ron Johnson, former GOP holdout, will back tax bill
WASHINGTON (AP) — Republican leaders gained support from one more senator for the GOP tax bill on Friday, giving needed momentum to the effort and boosting leaders’ hopes that they can push the $1.4 trillion legislation through the Senate later in the day. Sen. Ron Johnson, R-Wis., will now vote for the measure, according to […]
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Posted inNation / World, sj-web
Donald Trump urges House GOP to OK tax bill; Senate fate less clear
President Donald Trump arrives on Capitol Hill in Washington, Thursday, Nov. 16, 2017. Trump arrived at the Capitol for a pep rally with House Republicans, shortly before the chamber was expected to approve the tax bill over solid Democratic opposition. (AP Photo/Susan Walsh) WASHINGTON (AP) — President Donald Trump urged House Republicans Thursday to approve […]
Posted inBusiness, Maine
Wal-Mart seeks $100,000 tax cut from Rockland, eyes statewide reductions
ROCKLAND — Wal-Mart has asked for a property tax cut of more than $100,000 from Rockland. City Assessor Dennis Reed said Saturday that Wal-Mart is also looking into the assessments that municipalities have on all their stores in Maine. Wal-Mart’s store in Rockland was assessed at slightly more than $8.5 million on April 1, 2013. […]
Posted inMaine, Nation / World, sj-web
Governors in 9 states, including Maine, implementing tax cuts near start of re-election campaign
TALLAHASSEE, Fla. — Governors in at least nine states are approaching re-election campaigns next year by touting surpluses and pitching tax cuts to voters, sometimes relying on one-time revenue to fund the breaks. Florida Gov. Rick Scott, a 60-year-old Republican, toured the state this month to highlight his proposed $500 million tax cut and a […]