The difference between Colorado’s Taxpayers Bill of Rights initiative and Maine’s is that Colorado limited revenue, while Maine’s TABOR initiative limits spending.
Taxpayers in Maine are under duress and cannot continue to support government spending that is out of control.
Maine’s TABOR initiative will not cut one penny out of any of the bloated government programs that currently exist. What Maine’s TABOR initiative does is limit any additional spending to population growth and inflation. Eventually, the state’s revenue will exceed its spending, which will result in a surplus – a real surplus. Maine’s TABOR initiative will mandate that for every dollar in surplus, 80 cents is to be returned to taxpayers, while 20 cents be directed into a rainy-day fund.
If the taxpayers wish to override the spending limit (for whatever reason), a provision in Maine’s TABOR would allow for that, as long as two-thirds of the legislative body approves the override and a simple majority of voters vote for it.
So, my question to people who are opposed to TABOR is this: What is it that a person would not want to have a say about taxes?
By the way, on July 1, Maine’s gasoline tax is going up again. We’ll soon be paying .08625 cents more per gallon in taxes on gasoline and .11281 cents per gallon more on diesel fuel than our counterparts in New Hampshire.
We are the highest-taxed state in the United States. Voters can and need to make a difference.
Debra Gilmore, Norway