In a recent editorial (“Our View: Expensive tax overhaul wrong move for Maine,” March 15), the editors argue that Maine lawmakers should be wary to conform to the new federal tax code. However, when the Pine Tree State finally conforms, it will make Maine a much more competitive tax environment and cut taxes for Mainers by over $111 million over the next two years.
Right now, Maine has one of the highest corporate tax rates in the country at 8.93 percent. Even a small reduction to 8.33 percent puts us on par with our neighboring states and in a better position than California.
Overall, Gov. Paul LePage’s conformity plan is a step in the right direction for Maine by creating a simpler and more competitive tax code. Why would anyone argue against that?
Rep. Beth O’Connor
(R-Berwick)
Send questions/comments to the editors.
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