In the proposed budget for the State of Maine:
Budget facts
This two-year budget would levy a 2% personal income tax on teachers and state employees and cut benefits for retirees for a cost of $203 million. At the same time, the state would provide $200 million in tax cuts for business. A reasonable conclusion is that public employees are paying for the tax cuts.Under full implementation of the governor's proposed income and estate tax changes, approximately half the benefits would go to the wealthiest 10% of taxpayers. The proposals would:
If this income tax is imposed, Maine average teacher salary would decline from 44th in the country to 49th.
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