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The Coastal Packet

The longtime national journal, Progressive Review, has moved its headquarters from Washington DC to Freeport, Maine, where its editor, Sam Smith, has long ties. This is a local edition dealing with Maine news and progressive politics.

11/23/09

LOW INCOME RESIDENTS TOTAL MAINE TAX RATE IS 19% HIGHER THAN TOP 1 PERCENT


A study by the Institute on Taxation & Economic Policy finds that Maine's lower income taxpayers pay a 19% higher tax rate than the top one percent when all taxes of aggregated. For example, while upper income residents pay a higher rate for income taxes, they pay less for sales and property.
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