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Tax ‘game’ allows some towns to protect their state aid at expense of other towns

Tax ‘game’ allows some towns to protect their state aid at expense of other towns

by Naomi Schalit | February 20, 2014 | Money

Second of two parts in the series “The TIF Game“ Every year, the state shares some of the money it collects in taxes with Maine’s schools and cities and towns to help them pay their bills and keep property taxes under control. Which communities get how...
Tax law allows billions in business property taxes to be diverted from paying for local services and schools

Tax law allows billions in business property taxes to be diverted from paying for local services and schools

by Naomi Schalit | February 19, 2014 | Money

Part one of a two-part series, “The TIF Game“ Put an addition on your house, and the town assessor will come around, increase the value of your house and your property taxes will go up. Put up a new store or factory, and the same thing will happen. The...

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