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Tax reform recap: CU tax exemption intact in House, Senate bills

By on December 17, 2020

first_img continue reading » Last week, the House and Senate made progress on federal tax reform. The credit union tax exemption remains intact in each of the chamber’s respective tax bills.Here’s a rundown of what happened last week:The House Tax Cuts and Jobs Act (H.R. 1) was voted on by the full House Thursday and passed by a vote of 227-205. It now moves to the Senate for consideration.The Senate Finance Committee late Thursday night approved and reported out the Senate Tax Cuts and Jobs Act on a party-line vote after four days of mark-up. It now moves to the full Senate for consideration. Potentially complicating the Senate’s passage of the bill is the inclusion of the repeal of the Affordable Care Act’s individual mandate. The tax reform bill is being moved through the reconciliation process, which requires only a simple majority to pass; however, a few Republican senators are unlikely to support the bill with the individual mandate repeal included. 18SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Local wrestling teams start slow, finish strong at Ellsworth tourney

By on September 20, 2020

first_img Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at [email protected] Bio MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 Ellsworth runners compete in virtual Boston Marathon – September 16, 2020 Latest Postscenter_img ELLSWORTH — With time ticking away, Brody Boynton flipped the script.In a hard-fought match, Boynton and Foxcroft’s Elijah Ames had been locking heads for close to a minute. That was disadvantageous to Boynton, who was trailing and needed four points an impossibly brief amount of time to put himself in position to win. With only 20 seconds left, only a pin could save him.Out of seemingly nowhere, Boynton pulled it off. He gained leverage, pinned Ames to the mat with only four seconds left and chest-bumped his head coach, Dan Ormsby, in celebration.“That’s big for points!” Ormsby yelled. Bucksport was, after all, not too far behind Foxcroft in the overall team standings entering Boynton’s 170-pound title match. This win brought the Golden Bucks even closer to a possible first-place finish at Satuday’s tournament in Ellsworth.This is placeholder textThis is placeholder textBucksport didn’t quite edge Foxcroft for first in the end, but Boynton’s win was still an important one for the team’s confidence. Despite struggling at the start of the day, the Golden Bucks bounced back to finish in second place and join Ellsworth in the top three.“We didn’t exactly get off to the start we wanted to today,” Ormsby said. “A lot of wrestlers that have done well for us before struggled early, and that set us back at the start. Our team had to find a way to get back up there in points, and we did.”Bucksport and Ellsworth both had some top wrestlers come up a bit short. The Golden Bucks’ David Gross, who’s won several competitions at the 285-pound level this year, lost to Madison’s Matt Brown in the semifinals. For Ellsworth, Logan Lord fell to Medomak Valley’s Steven Thompson in a closely contested title bout at 138.The day would later take a bizarre turn for Ellsworth in the 182-pound title bout. Trent Goodman, one of several Ellsworth wrestlers being honored for the team’s Senior Day, suffered what appeared to bite marks on his forearm as he recorded a pin against Lee Academy’s Artem Loginov. Loginov was later disqualified as a result.“I just straight up got bit,” Goodman said. “It was just weird. I didn’t even know what happened at first, but right as I got the pin, my arm felt something.”Goodman was one of two winners on the day for Ellsworth. The other was Peyton Cole, who easily defeated each of his three opponents in the 152-pound weight class. The Eagles also had strong showings from Lord, Josh Wright, Scott Firley and Ethan DesJardin.Bucksport’s other winner was Foster Ashmore, who claimed the 120-pound title with a win over Ethan Moulton of Piscataquis. Gross, Keigan Riccard and Alex Burbank won their respective consolation brackets for Bucksport.“I think what we’ll take away from this day is that we’re capable of competing with anyone,” Ormsby said. “We were dealing with an injury to Devin (Darveau) today and didn’t start the way we wanted to,” Ormsby said. “If we’re healthy and start better, that win is right there.For Ellsworth, the mood was much of the same. Head coach J.F. Burns was happy with how his some of his wrestlers who didn’t place performed, but the team had to rebound from a tough start to the day.“It seemed to me that we had a bit of a slow start and got better as the day went on,” Burns said. “These tournaments are long, and if you can hold your own later on, that’s always a good thing.”The next meet for both teams will be at noon Saturday, Jan. 28. Bucksport will host the meet, which will include all Penobscot Valley Conference teams and others from around the state. Latest posts by Mike Mandell (see all) Hospice volunteers help families navigate grief and find hope – September 12, 2020last_img read more

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