Just when you thought that Maine had reached rock bottom with all the poverty and oppresion, and just when you think Maine's economy could not be taxed and regulated into oblivion any more, Our reelected General Secretary Baldacci has called for even more taxes as well as fake tax cuts that shift our burdens to even more vulnerable industries.
The plan is not tax cuts which are badly needed in Maine, but tax shifts. In this case, cutting income taxes while shifting the burden on sales taxes. This burden would fall upon the tourist industry, one of Maine's last remaining bastions of taxable income and business in the state. The tourist industry, which produces very little taxable income anyway and which is struggling under the burden of Maine's economy as well as the nation's faces destruction if this sales tax succeeds.
It would mean tourists would look elsewhere for spending their vacations while businesses that rely on tourism would dry up and go bust. It would also mean a devastating loss in tax revenue.
Meanwhile back in Maine, the working poor would face higher living costs then they already pay, many do not have the resources to leave the state to find greener pastures and some are even prevented from doing so under unjust abuses of the law by liberals to keep them stuck and poor in Maine. More on that in a future article.
Its not just sales taxes we must worry about, Augusta marxists also want taxes on energy specifically gasoline in order to pay for more useless and corrupt programs, whose funds are wasted anyway by state administrators. New taxes are also being proposd for tobacco, certain foods, even social security benefits! All to pay the salaries of bureucrats and for handouts to lazy leeches swarming into the state to rob the taxpayers.
The state of Maine is predicted once again to go into economic decline after budging barley a notch last year, Maine went from 48 to 46 worst economy, beating out Michigan, Alaska, Louisisana and West Virginia. It is still considered by many others to be the worst state for employement and small businesses. Small business I should mention are the most common in the state and would be hardest hit by the new taxes. If the nation's economy continues its slide and if the new taxes are passed in legislature, Maine will once again go into economic decline for the fourth year, joining Michigan as one of the few states to lose jobs not affected by natural disasters.
Maine is proof that heavy spending, taxing and regulating lead to economic disaster. It is more evidence of the failure of marxism. Ironically its all happening here in our own backyards rather than in some country in Europe.