The bill, which now goes to the Senate, would let municipalities levy 1% on restaurant meals and lodging if OK’d by local voters.
taxes
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Democrats in Augusta shouldn’t let fear stop them from pursuing tax justice
Rolling back cuts for the wealthy will show that the party is committed to representing the interests of all Mainers.
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Posted inBusiness, Maine, News, Politics
Bill to add tobacco tax to vaping products moves forward
The bill calls for an additional tax on all electronic cigarettes and other vaping products, at a rate similar to cigarettes and other tobacco products.
Posted inBusiness, Maine, News
Investors warming to Maine’s opportunity zones
Economic development experts say new regulations for the tax break program will encourage investment in struggling parts of the state.
Posted inBusiness, Maine, News, Politics
Maine cities and towns may get the chance to collect local sales taxes
The Legislature’s Taxation Committee narrowly approves a bill to let municipalities add a 1 percent tax on meals and lodging.
Posted inBusiness, Maine, News, Politics
Committee rejects proposed tax on water bottler Poland Spring
A bill to charge a per-gallon tax on water extracted for bottling appears destined to suffer the same fate as previous measures targeting Poland Spring.
Posted inNation & World, News, Politics
Trump appeals judge’s ruling saying accounting firm must turn over financial records
The two-page notice filed in federal court marks the latest move in a gathering legal battle over Congress’s oversight powers.
Posted inBusiness, Maine
Bill aims to encourage more employee-owned businesses
Sen. Nate Libby’s measure would offer tax breaks to help owners of companies sell to their workers or tenants.
Posted inBusiness, Maine
Measure urges tax breaks for Maine employee-owned businesses
The Legislature’s Taxation Committee has yet to act on the bill.
Posted inBusiness, Maine, News, Politics
Coalition pushes for rollback of LePage-era tax cuts
But Gov. Janet Mills and leaders of both parties have vowed not to increase state income taxes in the next 2-year budget.