As the year comes to a close, we want to remind you that Rep. Barbara Mikulski’s (D-Md.) Car Tax Credit that was included in the stimulus package this spring is still in effect, but not for much longer. Mikulski’s provision provides a state sales and excise deduction for all tax payers who purchased a new car [...]
digg_url = “http://leogibbons.com/blog/2009/04/08/excise-tax-cut-appears-headed-to-referendum-portland-press-herald/”;digg_title = “Excise tax cut appears headed to referendum”;digg_bgcolor = “#FFFFFF”;digg_skin = “normal”;digg_url = undefined;digg_title = undefined;digg_bgcolor = undefined;digg_skin = undefined; More evidence of Maine lawmakers’ anti-business attitude. Without argument, the biggest deterrent to new car sales in the state of Maine is the oppressive excise tax. Most states have either no fee, [...]
Motor vehicle excise taxes are down or flat in cities and towns across the state as more people hold onto their old cars. In Maine, 68% of the population owns vehicles six years or older, which are taxed at the lowest rate possible, VillageSoup.com reported. In Scarborough, where the excise tax pot is expected to [...]
