This new law will drastically simplify our tax code for the vast majority of Mainers and save more money for more of our hardworking families
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In addition, this increases the child tax credit to $2,000, meaning the average Maine family will save an additional $2,000 on their taxes per child in their family. This makes it easier for ordinary Maine families to benefit from the tax code
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This improved tax code will also greatly benefit the more than 140,000 small businesses and job creators throughout Maine and their 275,000 employees by lowering the effective rate for pass-throughs, of which almost all small businesses are organized
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It will allow small businesses in all industries to benefit from it. We are giving our small businesses—the backbone of Maine’s economy—relief so they can grow and create more jobs for our fellow Mainers
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End of conversation
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You eliminate our personal exemption...so a family of 3 will pay taxes on more of their income!
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It's not simpler and you know it Coach P
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Keep telling yourself all this, Bruce, right up to and after you lose the next election. YOU will have to OWN this, and your leader, Ryan, can't even say this Tax Bill will help the economy. It wont, trust me.
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*for now
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Just wait til everyone loses their medicare, medicaid, and social security. They will feel so secure and happy then!
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