The move came following a report from The New York Times that Trump paid just $750 in income taxes in 2016, the year he ran for president.
taxes
Posted inNation & World, Politics
Trump’s $400 million debt could make him vulnerable to manipulation, ethics experts say
Revelations that President Trump is personally liable for the debt raise worries that his finances pose a national security risk.
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Posted inOp-Eds, Opinion
Commentary: Trump tax cut was neither boon nor bane
Ignore the campaign claims on both sides. The 2017 law didn’t favor the rich or boost the economy. (It did pump up the deficit, but how many voters care about that?)
Posted inBusiness, Local & State
Pandemic-induced remote worker boom creates state income tax confusion
A federal bill could add clarity for remote workers in Maine who normally live or work in another state, but its passage is far from certain.
Posted inBusiness, Nation & World, Politics
New York attorney general investigating whether Trump inflated assets for loans
Letitia James is seeking to compel Eric Trump’s testimony.
Posted inBusiness, Nation & World
Trump appeals as judge OKs Manhattan DA getting tax returns
The president denounces the quest for his financial records as a ‘continuation of the most disgusting witch hunt in the history of our country.’
Posted inOp-Eds, Opinion
Jim Fossel: Republicans should hold firm on taxes in Augusta
Whenever the Legislature comes back into session, GOP members should use their clout to roll back 2019’s spending spree.
Posted inNation & World
Trump may seek access to sealed filings from Manhattan DA’s investigation, despite Supreme Court ruling
The president might need to learn confidential details about the nature of the DA’s investigation to boost arguments the prosecutor is on a fishing expedition, his attorney said.
Posted inOp-Eds, Opinion
MaineDOT commissioner: Vote ‘yes’ on Question 2 for jobs, transportation projects
The need may never again be so high, and interest rates may never again be so low.
Posted inBusiness, Local & State, News
Mills postpones second-quarter tax-payment deadline to July 15
The move will allow those who pay estimated taxes on their income to delay those payments for a month.