Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

May 21, 2013

LePage 2.0: Eliminate Maine's income tax

Gov. Paul LePage has staked out the elimination of income tax in Maine as a top goal of his administration if he is re-elected next year.

The Portland Press Herald reported that LePage presented his goal Monday during a press event featuring Missouri lobbyist Tavis Brown, who argued that eliminating Maine's income tax would encourage economic growth.

Brown estimates Maine has lost nearly $790 million to Florida, Nevada and Tennessee, where there are no taxes on personal income.

LePage, however, says he remains opposed to a bipartisan tax reform proposal that would reduce the state's income tax to a flat 4% rate while raising sales taxes and eliminating existing tax exemptions.

Sign up for Enews

Mainebiz web partners

Comments

No More articles left

To read more, please
Login or Register (free)

 

To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy

Allow Cookies