AUGUSTA — Gov. John Baldacci is voicing his support for Maine’s new tax reform law that Mainers will vote on in an upcoming referendum.
In his weekly radio address today, the governor said the tax change has been called the “Maine Miracle.”
The law, which has not gone into effect, lowers Maine’s top income tax rate from 8.5 percent to 6.5 percent. But it also broadens the existing sales tax to dozens of items that are now exempt and raises the food and lodging tax.
Mainers will vote June 8 on a referendum asking if they want to keep or do away with the law. A “yes” vote favors repealing the law, while a “no” vote favors retaining it.
Baldacci said a “no” vote will result in lower taxes for Maine residents.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.