Tax returns are due next week, and many Americans are surely stressed out as they scramble to get their financial records in order. I can’t think of a better time to revisit the wit and wisdom of Will Rogers. Rogers was a famous American humorist, actor and social commentator who lived from 1879 to 1935, […]
taxes
Posted inOp-eds, Opinion
The Maine Millennial: The state of Maine needs my taxes more than I need a tax cut
If you think you’ll never need government assistance, know that life has a way of throwing curve balls at you.
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Posted inLocal & State
IRS says Maine’s $850 pandemic relief checks not taxable
The agency had been studying whether the money sent out last year in Maine – and similar payments made in 16 other states – was subject to federal taxes.
Posted inMaine Voices, Opinion
Maine Voices: Close the gap and help end hunger in our state
If just half of Maine income taxpayers check off the $25 voluntary donation box, it will bring in $10 million to feed our food-insecure friends and neighbors.
Posted inOp-eds, Opinion
Commentary: Republican tax proposals aren’t as bonkers as they sound
Abolishing the IRS is not a good idea, but a flat levy on consumption is a good starting point if the goal is to shrink the budget deficit.
Posted inOp-eds, Opinion
Clarence Page: How a Republican tax plan became a gift to Democrats
New House Speaker Kevin McCarthy couldn’t seem to give away enough to win his leadership post. But a quick retreat from a radical Republican-backed flat-tax bill shows he may have given away too much.
Posted inOp-eds, Opinion
Commentary: Don’t feel guilty about taxing the wealthy
The American Dream was never about ultra-prosperity, but wealth has become the American Fever Dream.
Posted inBusiness, Local & State, Politics
Time seems ripe for bipartisan action on income tax cuts in Maine
As the state enjoys a record surplus, lawmakers from both parties have submitted proposals that would reduce taxes for lower-income Mainers.
Posted inNation & World, Politics
Democrats hammer Republican plan to impose national sales tax, abolish IRS
Sponsored by Rep. Earl L. ‘Buddy’ Carter, R-Ga., the plan would do away with income, payroll, estate and gift taxes, and instead impose a 23% national sales tax.
Posted inTimes Record
Midcoast CA$H offers free tax preparation in Bath and Wiscasset
Midcoast CA$H, an initiative of United Way of Mid Coast Maine, is once again providing free tax preparation by IRS-certified volunteer tax preparers to households earning up to $60,000. Volunteer tax preparers help clients receive every federal and Maine tax credit that they qualify for, such as the Earned Income Tax Credit and Childcare Tax […]