They are among the Americans seeing the impact of the tax overhaul in their own paychecks.
taxes
Maine finance commissioner: Tax conformity proposal works for Maine’s businesses and families
The Conformity and Family Tax Relief Act recouples Maine’s tax laws to the updated federal code.
McDonald’s expands worker tuition benefits, citing tax law
The fast-food company is also changing its eligibility rules.
Commentary: LePage’s tax plan gives huge benefits to a few at expense of the many
A hearing on the bill made clear that Mainers understand the game
Sides poised for battle over $111 million state tax cut
Republicans say aligning state income taxes with the new federal code will improve the business climate, but Democrats are way of a ‘cut first, ask questions later’ approach that could sharply reduce revenues for state services.
LePage plan to align Maine taxes with federal law spurs debate
Supporters of the governor’s proposal say the new tax breaks will boost the economy, while opponents say the changes will mostly benefit the wealthiest Mainers.
Our View: Expensive tax overhaul wrong move for Maine
Lawmakers should not use federal tax changes as an excuse to blow up the next state budget.
Outlook for growth of world economy gets even rosier
The OECD raises its global expansion forecast to 3.9 percent in 2018 and 2019, partly crediting the U.S. tax cuts.
Stock market investors no longer feeling immune to Trump’s actions
They can’t brush aside politics when changes such as steel tariffs and tax reform start affecting corporate profits.
Our View: Companies, shareholders reaping most of the benefits from federal tax cut
Meanwhile, lower- and middle-class Americans see only a slight increase in take-home pay.