On October 1, 2013, Mainers felt the sting of a 10 percent increase in the sales tax to 5.5 percent from 5 percent and 14 percent increase in the Meals and Lodging tax to 8 percent from 7 percent. It is well-known that Maine and New Hampshire are polar opposites when it comes to tax policy. In Fiscal Year 2011, Maine has one of the highest tax burdens in the country at 18.5 percent of private sector personal income (6th highest) while New Hampshire has one of the lowest tax burdens at 11.4 percent (49th highest). These 7.1 percentage points…
Trending News
- Maine Has Semi-Open Primary Elections. What Does That Mean for You?
- Trump Renews LePage Endorsement, Predicts Dunlap Will be the Democratic Nominee
- House Passes Latest Ukraine Aid Bill with Support from Pingree Despite Her Critiscism of Iran War Spending
- National Parks Service Accepting Public Comments on President Trump’s “Independence Arch”
- Campaign Signs Blanket Maine Ahead of Primary, But Do They Actually Move Votes?
- Suspect Shot by Police in Calais After Attacking Them with a Sword
- 75-Year-Old Kennebunk Man Arrested for Domestic Violence Incident Involving Firearm
- Homeless Man Rams Penobscot Deputy’s Cruiser While Fleeing Law Enforcement in Stolen Truck
