Maine voters will decide tomorrow (Tuesday, June 8) whether to support a change to their tax structure approved last year.
That 2009 measure would create a single, lower income tax rate for most Mainers. The current tax brackets of 2 percent, 4.5 percent, 7 percent and 8.5 percent tax brackets would be replaced with the flat tax rate of 6.5 percent for those with income up to $250,000. Residents with income more than $250,000 would be taxed at 6.85 percent.
Photo courtesy channing09915
The question now is will voters keep the changes or nix them?
Confusing ballot phrasing: Heavy hitters have come out on both sides, but what might be as decisive as anything is the ballot initiative's wording that many say is confusing.
A "no" vote on Question 1 tomorrow supports the tax changes while a "yes" vote to repeal the law is an opposing vote.
So no means yes and yes means no and guess what's going to happen tomorrow. Hey, I lived in Florida -- actually in the butterfly ballot county (and still have my sample ballot) -- during that confused electorate debacle.
Pros and cons: Opponents of the tax law change say added sales taxes would primarily hurt elderly and low-income resident, as well potentially stifle tourism since the taxes would be shifted to out-of-state visitors.
Supporters of the new tax system argue that it would help stabilize tax revenues and enable the
state to better cope with budget shortfalls.
- The question before the voters often is confusing.
- The debate is being played out by parties with vested interests on either side.
- Turnout, which could be affected by things as simple as weather, is often the deciding factor.
The list of concerns could go on and on.
Here's hoping that Maine's voters give thorough and thoughtful consideration to the tax system question.
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