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Monday, August 3, 2009

Maine lawmakers boost NH economy

Maine is continuing its efforts as part of the New Hampshire Economic Recovery Coalition.

Maine small business owners, already feeling the competitive pinch from their counterparts across the Piscataqua River, are joining area legislators in trying to repeal a tax reform law that they say is unfairly burdensome.

The tax reform measure, passed by the Legislature earlier this year, reduced the state income tax while adding a 5 percent sales tax to nearly 100 services not currently taxed, such as auto repair, tailoring, gym memberships and dry cleaning. It also increases the meals and lodging tax. (more)

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