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.
...That clears the way for a campaign on the merits of the law passed by majority Democrats earlier this year and signed by Gov. John Baldacci.
...The law reduces the top marginal income-tax rate, from 8.5 percent to 6.5 percent, for those making less than $250,000; and creates a second tier, 6.85 percent, for those who make more than $250,000. It also eliminates deductions and exemptions by replacing them with a credit system that Maine Revenue Services estimates will lower the income tax for 95 percent of Mainers.
To make up for the lost revenue, the law expands the sales tax to dozens of additional goods and services, such as car repairs and movie tickets. It increases the tax on meals and lodging, candy, prepared food, rental cars and liquor served on-premises.
Once those new taxes are added in, Maine Revenue Services estimates 86 percent of
taxpayers will see an overall reduction in taxes. Maine
...But opponents don't believe the changes will be permanent. Nor do they think Democrats want to reduce taxes.