Archive for the 'Taxes' Category

RIP Maine Tax Reform

Weeks of fussin’ and feudin’ are over and tax reform is dead, with both sides pointing the finger of blame at each other.
Popularity: 87%

Popularity: 87%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

Are you a single homeowner whose 2005 income was $77,000 or less with a 2005 property tax rate that exceeds four percent of your income? Or a married couple with dependents with a combined income for 2005 of $102,000 or less and a 2005 property tax bill that exceeded four percent of your income? […]

Popularity: 71%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

Maine’s House speaker has joined the advocacy group GrowSmart to press for an increase in Maine’s lodging tax from 7 to 10 percent. It’s part of a strategy to make Maine more attractive to tourists, who historically enjoy paying higher taxes when they come to Maine and avoid vacationing in places where their dollars […]

Popularity: 55%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

When I first heard about a proposed $15 licensing fee to saltwater fish — in the ocean — my first thought was, “please, please, dear sweet Jesus, don’t let this idiot bill have been proposed by a Democrat. Please, God, let it have been a Republican.”
But no such luck. The bill is sponsored […]

Popularity: 28%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

The IRS has extended its filing deadline again — this time to April 26. The State of Maine has not!
Popularity: 30%

Popularity: 30%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

April 19 Tax Deadline

In case you haven’t heard, the Internal Revenue Service has extended the April 17 filing deadline to April 19 thanks to the weekend storm.
Popularity: 31%

Popularity: 31%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

Senator Collins has introduced an amendment in the U.S. Senate that will expand to $400 per year and make permanent an above-the-line tax deduction to teachers who spend their own money on school supplies.
Popularity: 62%

Popularity: 62%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

The Governor’s constitutional amendment regarding property taxes would freeze the valuation of primary residences until that home is sold. Once the place is sold, the town could try to recapture five years of back taxes that would have been collected had the property value not been frozen.
The proposal is modeled after an […]

Popularity: 37%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
, ,

Senator Snowe also moved through a batch of tax credits, including a $4,000 college tuition deduction and the new markets tax credit, which uses the tax code to encourage long term investment in underdeveloped rural areas. The NMTC has enabled two pulp and paper mills owned by the Great Northern Paper Company […]

Popularity: 59%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

The Senate has given its nod to Senator Collins tax extension to offer a $250 above-the-line tax
deduction to teachers who spend their own money on school supplies. According to surveys by the National Education Association, teachers spend, on average, $443 per year on classroom supplies out of their pockets.
Popularity: 58%
Sphere It

Popularity: 58%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
, ,

Palesky Tax Crap

Remember Carol Palesky’s bogus tax cap proposition? Well Carol Palesky was sentenced this week to 16 months in prison for stealing $41,000 from one of her accounting clients.
Palesky pleaded guilty in July to the felony charge of ripping off D.S. Stoddard Inc., a painting and maintenance company. Palesky’s attorney thad argued that […]

Popularity: 4%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

That $70 billion dollar capital gains tax break has split Maine’s congressional delegation - Michaud, Allen and Snowe oppose the measure while Collins supports it.
Collins: “More than 100 million American taxpayers benefit from the various tax reductions that we have passed since 2001.”
Snowe: “It is a cynical approach designed to accomplish the goal […]

Popularity: 11%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Rep Tom Allen, a member of the House Budget Committee, is urging defeat of H.R. 4297, the Republican tax reconciliation bill that extends capital gains and dividend tax cuts through 2010.
The package will cost $70 billion over 5 years and, according to Tom, “continues a pattern of Republican fiscal irresponsibility which has driven […]

Popularity: 11%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

Taxpayer 3-Day Revolt

Maine and five other states have until Tuesday to get their taxes in the mail thanks to the Weekend and Patriot’s Day.
Popularity: 3%

Popularity: 3%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Taxpayer Bill of - Oh, who cares…

You may remember that tiny snafu over the Taxpayer Bill of Rights? Supporters got the signatures necessary but 4,000 or so were submitted late and therefore didn’t count. But then Secretary of State Matthew Dunlap decided to accept them anyway. Appeals followed. And now, a judge has ruled that Dunlap should […]

Popularity: 3%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

A legislative panel is drafting a constitutional amendment that would radically change the way your property is taxed. Property tax values would be set and reassessed when a property is sold. The years in between would increase the tax based on the inflation rate instead of current market value. Supporters say the change would […]

Popularity: 2%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Augusta: Taxpayer’s Bill of Wrongs

Kathleen McGee of Bowdoinham has filed a lawsuit challenging the decision by Maine election officials to validate the 50,000 petitions to allow a taxpayers’ bill of rights initiative on state ballots later this year. Why? Because it wasn’t 50,000 petitions by the due date of 10/21/2005. The last 4,024 signatures were submitted […]

Popularity: 4%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Death, Taxes, and Power Outages

If the government decides to lower your taxes, but not for two years, did the government raise your taxes this year? If the governor says he opposes a new tax, but voters approve it? Can his political opponents pin the increase on him? If a tree falls in Gorham, Maine in the middle of […]

Popularity: 5%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
,

Baby Steps

Maine’s new law aimed at reducing property taxes and growth in government spending appears to be working. See Morning Sentinel
Popularity: 2%

Popularity: 2%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Shut Yer Lobster Trap…

A York lawmaker wants to abolish the tax on lobster traps despite the fact that less than half a dozen towns, including York, actually tax fishermen on their traps. See PH
Popularity: 2%

Popularity: 2%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

The average Maine gardener spends about $50 a year on seeds. A law passed last year that inadvertently taxed seeds used by home gardeners has raised the ire of gardeners and we all know what a terrifying lot they are… myself included. Anyhoo, efforts are underway to repeal the law which averages a $2.50 […]

Popularity: 3%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :
, ,

Smoker’s Tax Jumps a Buck

As of Monday, Maine increases yet another tax - this one on cigarettes - from $1/pack to $2/pack, prompting some smokers to start rolling their own. See PPH Other taxes debuting or increasing: marriage license fees rise by $10 to $30, and burial permit fees go up a buck to $5 See WMTW.
Popularity: 4%
Sphere […]

Popularity: 4%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Happiness is a Taxed Puppy

The fourth horseman of the apocalypse has officially arrived. Maine, the state famous for one of the most onerous tax burdens in the country, has just enacted a puppy and kitten tax of $25 a pup.
The tax, expected to raise $34,000 yearly, is intended to pick up the costs of spaying […]

Popularity: 4%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

If the estate tax (a.k.a. the “death tax”) is repealed, over ten years the country will lose $290 billion dollars in tax revenue that will instead stay in the old money accounts of the uberrich. Republicans are arguing that repealing estate taxes protects family farms and businesses when in fact the […]

Popularity: 3%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :

Real estate taxes are going down… and up, depending upon where you live. Optimists say, “hey, it could be worse!” While others say, “just wait… taxes… will… drop… in… time…” See Press Herald
Popularity: 2%

Popularity: 2%
Compulsive Clickers: del.icio.us : Digg it : reddit : StumbleUpon :


El Gato Diablo

Subscribe

Subscribe to my RSS Feeds



Topics