The Maine Public Broadcasting Network
Listen Live
Classical 24
Search
Cutler Tax Plan Focuses on Lowering Property Taxes
04/15/2014 10:50 AM ET  

Cutler, who's in a three-way race for governor with Republican incumbent Paul LePage and Democrat Mike Michaud, said his plan would lower property taxes for most Maine homeowners.

PORTLAND, Maine (AP) _ Independent Eliot Cutler is proposing a tax overhaul that would slash property taxes for many Mainers while raising the sales tax, either permanently or seasonally, to make up the difference.

Cutler, who's in a three-way race for governor with Republican incumbent Paul LePage and Democrat Mike Michaud, said his plan would lower property taxes for most Maine homeowners by 20 to 40 percent.

He said Tuesday it's time to ``reboot'' Maine's tax system.

His proposal would provide $100 million for state assistance to communities and $75 million for education. He said the plan would be revenue-neutral either by a permanent sales tax from 5 percent to 6 percent, or by a seasonal sales tax increase. He said he wants to ``export'' a greater share of taxes onto visitors.


 

ReturnReturn!



Become a Fan of the NEW MPBNNews Facebook page. Get news, updates and unique content to share and discuss:

Recommended by our audience on Facebook:
Copyright © 2014 Maine Public Broadcasting Network. All rights reserved.