LEWISTON — Councilors will crack open their budget books again at a specially scheduled workshop meeting Wednesday. “We hope to get a budget option finalized so we can come back on July 16 and do the actual budget amendment,” City Administrator Ed Barrett said. “We’ll also take a quick look at our capital budget to […]
tax
Posted inRiver Valley
Roxbury town meeting scheduled for Tuesday
ROXBURY — A special town meeting will be held at 5 p.m. Tuesday, July 9, at the Town Hall, 1095 Roxbury Road. The warrant includes three articles: * To see if the town will amend the official shoreland zoning map. A copy of the map and the Maine Department of Environmental Protection conditional approval are […]
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Posted inMaine
Option for local sales tax sinks in Maine Senate
AUGUSTA — Just hours after the House of Representatives overwhelmingly supported a bill that would have allowed local municipalities to vote on increasing sales taxes, the state Senate soundly defeated the measure. LD 427, “An Act to Authorize Options for Local Revenue Enhancement,” authored by Rep. Sharri MacDonald, R-Old Orchard Beach, would have allowed towns […]
Posted inFranklin, The Franklin Journal
Phillips officials urging attendance at school budget hearing
PHILLIPS — Selectmen on Tuesday urged townspeople to attend the district budget hearing Thursday night at Mt. Abram High School. They agreed that the current SAD 58 budget could have an impact on the town’s taxes, despite their efforts to cut spending. “Our tax rate has gone down for the past three years, from 18.5 […]
Posted inAdvertiser Democrat, Oxford Hills
Harrison voters to decide on proposed $6.4 million budget
HARRISON — Voters will be asked to approve a $6.4 million budget when the annual town meeting gets under way Wednesday, June 12. Action on the 25-article warrant starts at 6:30 p.m. at the Harrison Elementary School on Naples Road. Town Manager George “Bud” Finch, said the proposed 2013-14 budget is increasing $223,142, or 3.6 […]
Posted inBusiness, Maine, sj-web
No agreement on whether proposed tax increase would hurt Maine’s tourism industry
BAR HARBOR — The most recent $6.3 billion biennial budget proposal would fill at least some of the cuts proposed by Gov. Paul LePage by temporarily increasing sales, lodging and meal taxes. That would create millions of dollars of additional revenue, but what would it mean for tourism in vacationland? A little perspective: The proposed […]
Posted inMaine
Lawmakers get first look at bill that overhauls Maine’s tax system
AUGUSTA — A bill that would make sweeping changes to the way Maine collects taxes on income, sales and property received a mixed reaction from members of the Legislature’s Taxation Committee Tuesday. The bill, LD 1496, is the effort of a panel of 11 lawmakers who have been dubbed the “Gang of 11” at the […]
Posted inAdvertiser Democrat, Maine, The Franklin Journal
Bipartisan tax reform proposal draws bipartisan opposition
AUGUSTA — More details on a bipartisan proposal to overhaul Maine’s tax system came out Wednesday, but so did bipartisan opposition to the plan that would increase and expand the state’s sales tax. “I’m going to vehemently oppose this,” Sen. Troy Jackson, D-Allagash, said Wednesday after a news conference on the measure. Jackson, the Senate’s […]
Posted inMaine, sj-web
Maine lawmakers poised to unveil tax overhaul
AUGUSTA (AP) — A bipartisan group of Maine lawmakers is proposing a dramatic overhaul of the state’s tax system that includes cutting the state’s income tax rate in half. The proposal also includes raising sales and excise taxes and eliminating exemptions. The coalition has been working for several months to craft the bill. The proposal […]
Posted inBusiness, Maine, Nation / World, New England, sj-web
Tax bills for rich families approach 30-year high
WASHINGTON — The poor rich. With Washington gridlocked again over whether to raise their taxes, it turns out wealthy families already are paying some of their biggest federal tax bills in decades even as the rest of the population continues to pay at historically low rates. President Barack Obama and Democratic leaders in Congress say […]