Gov. Paul LePage is voicing his concerns about the decision by Maine voters to increase the state’s minimum wage and to impose a 3% tax on Maine’s highest earners to establish a fund that supports K-12 public schools.
According to Maine Public, LePage said he believes that increasing the state’s minimum wage will increase the cost of goods and services to a level that senior residents who live on a fixed income won’t be able to afford.
LePage added that the passage of the 3% tax on household incomes of $200,000 or more, which translates into those households being taxed at a rate of 10.15% starting Jan. 1, has already had an impact on Maine’s economy in terms of some high earners leaving, and will hurt the state’s revenue, according to Maine Public.
One result LePage was pleased with was the election of Donald Trump as president, joking that the only administration position he would want is to be Canadian ambassador in the summer and the ambassador to Jamaica during the winter, Maine Public reported.
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