JAY — If the governor’s proposal to raise the eligibility age for the state “circuit breaker” program is approved, 169 Jay households would not get a combined $51,678, Town Manager Ruth Cushman said. If Gov. Paul LePage’s budget proposal is approved, it would be for people 65 and older who meet the income guidelines, she […]
tax
Posted inMaine, sj-web
Bangor resident plans to fight stormwater fee through referendum
BANGOR — A group of Bangor residents plans to challenge the city’s stormwater utility fee residents and businesses will begin paying in April. During a public meeting about the utility Wednesday night, Ken Wicks of Lincoln Street pointed out two recent federal court decisions that he says nullify the U.S. Environmental Protection Agency’s ability to […]
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AARP offers income tax assistance
BRIDGTON/FRYEBURG — IRS trained and certified AARP tax-aid specialists will begin service at the Bridgton Community Center, 15 Depot St., on Friday, Feb. 1, and will continue every Friday through April 5. Appointments may be made at 647-3116. This service is also available at the Fryeburg Library, 515 Main St., Fryeburg, on Mondays beginning Feb. […]
Posted inMaine, sj-web
LePage addresses Mainers about tax cuts through YouTube video
Titled “The Truth About Tax Cuts,” the five-minute video features LePage responding to questions posed by his press secretary, Adrienne Bennett. Both label the tax cuts enacted by the Republican-led 125th Legislature “the largest tax cut in Maine history.” Democrats have criticized the tax package because it leaves to the new Legislature the task of […]
Posted inMaine
Hebron Academy tax issue heard by Maine’s highest court
PORTLAND — The state’s highest court heard arguments Wednesday on whether Hebron Academy, a private, college-preparatory school in Hebron, should have to pay property taxes on its ice arena because it collects fees from outside use. Lawyers representing the school and town appeared before the Maine Supreme Judicial Court in Portland to make their respective […]
Posted inBusiness, Nation / World, sj-web
White House seeks to cut funding in peculiar places
BELTSVILLE, Md. — Deep in a secure laboratory just outside Washington sits the federal government’s heaviest smoker. It is a half-ton hulk of a machine, all brushed aluminum and gasping smoke holes, like a retrofit of equipment used on an Industrial Revolution production line. It can smoke 20 cigarettes at once and conclude which are […]
Posted inBusiness, sj-web
Swiss banks will open vaults on account secrets
ZURICH — For decades, Switzerland was the place where money went to hide. Cash sent to its mountain aeries was protected by some of the strictest secrecy laws in the world. But with the euro crisis forcing Switzerland’s revenue-starved neighbors to search out new sources of money, the Alpine country’s bank vaults are suddenly looking […]
Posted inMaine, sj-web
Wrong tax amount in Augusta
AUGUSTA (AP) — In a July 31 story about the state consolidating leases, The Associated Press, relying on information from the city manager of Augusta, erroneously reported how much the city expects to receive per year in new property taxes. The figure is $175,236, not $17,523.
Posted inNation / World, sj-web
Romney says mandate really is a tax
WOLFEBORO, N.H. — Mitt Romney on Wednesday said requiring all Americans to buy health insurance amounts to a tax, contradicting a senior campaign adviser who days ago said the Republican presidential candidate viewed President Barack Obama’s mandate as anything but a tax. “The majority of the court said it’s a tax and therefore it is […]
Posted inMaine
LePage outlines tax goals at New York City conference
AUGUSTA — Gov. Paul LePage told participants at the Bush Institute Conference on Taxes and Economic Growth in New York City on Tuesday that he wants to further overhaul Maine’s tax policy, including a flat, 4 percent personal income tax and a lower corporate income-tax rate. “In the state of Maine, that is exactly what […]