Category: Taxes

Maine’s Veterans’ Pension Income Tax Exemption – FAQ

Our nation’s veterans earned our respect through a career of public service and sacrifice, and Governor Paul R. LePage wants to make Maine an attractive destination for both current and future military retirees. Earlier this year, the governor proposed a comprehensive two-year budget that contained an important provision that fully eliminated the income tax on military pensions. Below are some… Read more →

Honoring Our Veterans: A Brief Summary of 2016 Maine Tax Changes

Our nation’s veterans earned our respect through a career of public service and sacrifice. As a result, Governor Paul R. LePage strives to turn Maine into an attractive destination for both current and future military retirees. Earlier this year, the governor proposed a comprehensive two-year budget that contained a number of significant tax reform proposals. While many of the governor’s… Read more →

Analyzing Governor LePage’s Tax Reform Proposal

As people consider Governor LePage’s tax reform plan for Maine, a good place to start is by checking out the analysis from the Tax Foundation: The LePage administration is responsible for the largest tax cut in Maine’s history, so it comes as no surprise that Maine Governor Paul LePage has emerged as the first Governor to propose serious tax reforms… Read more →