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
- Penobscot Deputies Searching for Suspects in Eddington Robbery and Stabbing Incident
- Maine Goat Brush-Clearing Business Suddenly Ruled Illegal, Owner Claims Scapegoating
- The Problem With Having 7 Pastors | The Pastor’s Office Ep. 14
- Bomb Squad and Swat Team Execute Warrant at South Portland Home
- Six Maine Summer Camps Declare Bankruptcy Amid Northeast Holding Company Financial Crisis
- Defiant Maine Democrat – Likely U.S. Senate Nominee – Insists He’s Not Quitting The Primary Race
- Sen. Susan Collins One of Four Republicans to Vote Against Including SAVE Act in ICE Funding Bill
- Editorial: Does Character Still Matter?
