The Coastal Packet: LePage plans to raise taxes on many Mainers

Thursday, February 9

LePage plans to raise taxes on many Mainers

Beacon - Governor LePage’s budget proposal offers tax breaks worth $23,000 annually to Maine’s 1%, while asking homeowners to pay an average of $300 more in already historically-high property taxes. The budget proposes elimination of the homestead exemption for Maine homeowners under the age of 65. The exemption provides vital relief from property taxes for more than 300,000 Maine families every year, of whom approximately 213,000 would be affected by the budget proposal.

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