Trump’s businesses routinely reported losing more money than they made, a fact that saved Trump on his taxes but belied the gold-plated CEO image he presented to the public.
taxes
Posted inOp-eds, Opinion
Commentary: Trump tax cut was neither boon nor bane
Ignore the campaign claims on both sides. The 2017 law didn’t favor the rich or boost the economy. (It did pump up the deficit, but how many voters care about that?)
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Posted inBusiness, Maine
Pandemic-induced remote worker boom creates state income tax confusion
A federal bill could add clarity for remote workers in Maine who normally live or work in another state, but its passage is far from certain.
Posted inBusiness, Nation & World, Politics
New York attorney general investigating whether Trump inflated assets for loans
Letitia James is seeking to compel Eric Trump’s testimony.
Posted inBusiness, Nation & World
Trump appeals as judge OKs Manhattan DA getting tax returns
The president denounces the quest for his financial records as a ‘continuation of the most disgusting witch hunt in the history of our country.’
Posted inOp-eds, Opinion
Jim Fossel: Republicans should hold firm on taxes in Augusta
Whenever the Legislature comes back into session, GOP members should use their clout to roll back 2019’s spending spree.
Posted inNation & World
Trump may seek access to sealed filings from Manhattan DA’s investigation, despite Supreme Court ruling
The president might need to learn confidential details about the nature of the DA’s investigation to boost arguments the prosecutor is on a fishing expedition, his attorney said.
Posted inOp-eds, Opinion
MaineDOT commissioner: Vote ‘yes’ on Question 2 for jobs, transportation projects
The need may never again be so high, and interest rates may never again be so low.
Posted inBusiness, Nation & World
No more delays: What to know about the July 15 tax deadline
Tax procrastinators, your time is running out.
Posted inNation & World, News
Supreme Court appears likely to reject Trump’s immunity claim
However, the justices appear divided over the president’s effort to prevent his accounting firm and 2 banks from handing over his tax and business records to House committees and the Manhattan district attorney.