But a New Taxman Cometh

Notwithstanding the magnanimity of the Internal Revenue Service in the wake of the coronavirus pandemic and extreme winter storms in some states, reports have the Biden administration putting together a package of new tax increases – the first since 1993 – that’ll raise taxes on many individuals and businesses across the nation. Needless to say,…

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It Ain’t Over Til It’s Over

We’ve enjoyed following Maine Governor Paul LePage and his quest to eliminate the state income tax with a constitutional amendment.  He coupled this idea with a host of legislative initiatives, all of which are geared toward improving the economic climate in Maine.  This past week however, the legislature’s Appropriations Committee rejected a number of tax…

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Is Tax Cutting Getting Popular?

As state legislatures around the country begin their 2015 sessions in earnest, we couldn‘t help note that several are now looking at reducing tax burdens and making more of an effort to “live within their means”.  In his State of the State address, New York Governor Andrew Cuomo highlighted his “2015 Opportunity Agenda”, which calls…

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