South Portland proposes tax increase of 4 percent ; A public hearing on both the municipal and school budgets is scheduled Wednesday at 7 p.m.JOSIE HUANG Staff Writer
Some of our federal retirement benefits, in some cases as much as 85 percent of our annual payout, could be subject to federal taxation. Not only is that tax an unwelcome surprise to older taxpayers, it also has become part of the current presidential campaign “Seniors should not pay tax...
Add in the calculated equivalent rate of the existing gross receipts tax and you’re at 49.6. Then, of course, there’s the federal income tax of 21 percent, and if in Portland, another 6.6 percent in other business income taxes. Suddenly, for a business with 7 percent profit margins, ...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last four years. These external alerts highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summ...
Larry J. Brantis a Shareholder and the Chair of the Tax & Benefits practice group at Foster Garvey, a law firm based out of the Pacific Northwest, with offices in Seattle, Washington; Portland, Oregon; Washington, D.C.; New York, New York, Spokane, Washington; Tulsa, Oklahoma; and Beij...
"Much has been said and written on the utility of newspapers; but one principal advantage which might be derived from these publications has been neglected; we mean that of reading them in schools." The Portland Eastern Herald (June 8, 1795) ...
Forsmann, a sales manager, traded in her Portland house for a two-bedroom condominium in Vancouver, ditching a state widi one of the highest income tax rates in the country for one that has rejected the tax. "I got between a 9 and 10 percent in- crease in income because I no longer...
The government of further imposes a sales tax, which must be paid in addition to the local tax. Typically, local sales taxes are less than one percent, while state sales taxes are in the 5% range. Licensing Fees: In Orange, licenses are required to engage in many different activities, or...
Maine’s Democratic leaders held a press conference in Bath on Thursday to tout the beginning of a new program that will see most Maine businesses and employers pay an additional one percent tax on paychecks to fund a paid leave program that will begin in 16 months. ...
The President’s Council of Economic Advisers claims that slashing the corporate tax rate to 20 percent would boost the average American’s wages by $4,000 per year (“very conservatively”) — and perhaps by as much as $9,000. If true, that would be a remarkable gain for working Americ...