Maine Has Most Ambitious Tax Reform Plan

Maine Has Most Ambitious Tax Reform Plan

At the heart of the proposed legislation is a cut in income taxes; Mainers would see their state tax obligation fall from 7.95 percent to 5.75 percent. Understanding that tax cuts cannot exist in a vacuum, LePage crafted a plan that would offset the income tax cut by increasing the state sales tax by a percentage point.

Read Full Article »

Related Articles

Market Overview
Search Stock Quotes
Partner Videos