Maine Legislature approves new state budget of nearly $8 billion

taxes

Published
June 14, 2019

Maine Legislature approves new state budget of nearly $8 billion

The 2-year spending package includes many, but not all, of the initiatives proposed by Democratic Gov. Janet Mills, and lawmakers from both parties speak of a new level of civility in Maine government.
Published
June 13, 2019

Senate says ‘no’ to letting cities and towns levy their own sales taxes

But the House votes later Thursday to narrow the bill to allow only a 1% tax on lodging, in hopes of attracting additional Senate votes.
Published
June 8, 2019

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.
Published
May 30, 2019

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.
Published
May 27, 2019

Maine cities and towns may get the chance to collect local sales taxes

The Legislature's Taxation Committee narrowly approved a bill to let municipalities add a 1 percent tax on sales of meals and lodgings.
Published
May 14, 2019

Measure urges more support for employee-owned companies

Sen. Nate Libby's bill would offer tax breaks to help owners of companies sell to their workers or tenants.
Published
May 9, 2019

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.
Published
May 8, 2019

Legislative committee rejects bill to allow local sales taxes

The measure to allow municipalities to collect a 1% sales tax is supported by the mayors of some of Maine's largest cities, but it faces an uncertain fate as it heads to the full Legislature for a vote.
Published
April 16, 2019

Lawmakers hear proposals aimed at easing tax bite on Maine homeowners

The bills that went before the Taxation Committee would all increase the amount of property value exempt from local taxes, but some would apply only to older residents.
Published
April 15, 2019

Republicans call for state income tax cut, warn against Democratic agenda

A group of prominent Republicans gathered with supporters at the State House on Monday, the tax filing deadline in most states, to highlight Maine's tax burden and call for spending restraint.