tax
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PublishedSeptember 14, 2023
IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims
The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the height of the pandemic.
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PublishedFebruary 8, 2023
Tax season thrown into chaos as IRS weighs taxing Maine relief checks
Even though some taxpayers already have filed, the state is one of nearly two dozen where federal officials have yet to determine whether the payments are taxable.
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PublishedSeptember 2, 2022
IRS mistakenly published some taxpayers’ confidential data
The IRS accidentally posted data from a tax form used by both individuals and tax-exempt organizations.
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PublishedFebruary 5, 2022
Maine Voices: Why not a sales-tax holiday for Maine?
The projected $800 million budget surplus has positioned Maine well to provide some relief to our more cash-strapped friends and neighbors.
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PublishedDecember 15, 2021
Maine Voices: Maine’s Historic Rehabilitation Tax Credit exceeds expectations
Judged efficient and effective in a state report, the program promotes growth that builds on our heritage while enhancing our future.
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PublishedOctober 28, 2021
Some billionaires vent over Biden plan imposing income tax on richest
ProPublica reported in June that some of the richest Americans have paid no income tax, or nearly none, in some years — including Elon Musk, who paid zero income taxes in 2018.
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PublishedOctober 25, 2021
Billionaire tax takes shape, faces critics, as Biden pushes for budget deal
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.
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PublishedJuly 3, 2021
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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PublishedApril 19, 2021
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.
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PublishedMarch 28, 2021
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.
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