General Tax Exemptions
Maine has a sales tax rate of 5.5% on most goods, with some exemptions. Groceries, medicine, and gasoline are exempt. Maine ranks high for state taxes as a percentage of income.
Firewood Regulations and Local Economy
If buying firewood from out of state, Maine requires a certificate stating the wood was heat treated to prevent pests. Local firewood is recommended to support Maine’s economy and woods. Kiln dried firewood is pest free.
Other Taxes and Fees
Maine charges sales tax, marijuana tax, lodging tax, vehicle rental tax, and tire/battery fees. Some services are exempt.
Tax Benefits for Homeowners and Nonprofits
- Exemptions for nonprofits depend on the organization type. Applications required.
- The property tax stabilization program freezes taxes for eligible homeowners.
- The homestead exemption offers property tax discounts. To qualify, must own and occupy the home. Additional criteria may apply.
Vermont’s Tax System
- Toilet paper is taxed in Vermont, with a 6% sales tax plus 1% in some cities.
- Property taxes are high compared to other states.
- Vermont has an estate tax.
- Income tax rates are high with steep rates.
Food and Clothing Tax Status
- Food, food products, and beverages are exempt from Vermont sales tax with the exception of soft drinks.
- Clothing is tax exempt in Vermont, but accessories, protective equipment, and sports clothing are taxable.
New Mexico’s Exemptions and Benefits
New Mexico does not tax food and offers veterans benefits like tax exemptions, scholarships, and reduced licenses.