Resolving the revenue side is key as the Democrats scale back what had been a $3.5 trillion plan, insisting all the new spending will be fully funded.
tax
Posted inOp-eds, Opinion
Commentary: Don’t increase the federal gas tax, replace it
The U.S. needs a vehicle-miles-traveled tax – and the technological infrastructure it requires.
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Posted inBusiness, Nation & World
Rift between Republicans, corporate America creates opening for Biden’s tax plan
White House officials have argued to corporate executives that the tax hikes are necessary to fund large investments in public infrastructure that the business sector has long sought.
Posted inOp-eds, Opinion
Jim Fossel: Stimulus checks show how small government could work
Rather than complicated programs that require layers of administration, direct payments ensure that help gets where it’s needed.
Posted inEditorials, Opinion
Our View: Gov. Mills offers fair deal on tax issue
Republicans in Augusta should accept a compromise that gives them 99% of their demands.
Posted inOp-eds, Opinion
Commentary: Modern wood heat finally achieves federal tax equality
Maine’s congressional delegation fought to get wood heat treated fairly by federal tax credits.
Posted inBusiness, Nation & World, News
Glitches prevent $1,200 stimulus payments from reaching millions of Americans
Filers who used tax preparers, parents of dependent children and people with 2019 tax returns still to be processed encounter confusion and delayed payments.
Posted inThe Forecaster
Portland business owner guilty of tax crime
PORTLAND — A tax preparer pleaded guilty Aug. 14 in U.S. District Court to one count of aiding and assisting in the preparation of a false tax return. According to plea documents and statements made in court, Ashraf Eldeknawey operated a tax return preparation business located inside the Ahram Halal Market from 2015 to 2018. […]
Posted inNation & World, News, Politics
Trump, Republicans sue over California law requiring presidential tax returns
One of the suits alleges the law is an attack against the current president.
Posted inBusiness, Nation & World, News, Politics
New York law gives Congress access to Trump’s state tax returns
Legal challenges are expected, so the president’s returns won’t be turned over anytime soon.