| Feb. 4th, 2012

Why TABOR Is Right for Maine

The purpose of LD 976 "An Act To Provide Tax Relief" or TABOR is simple.
TABOR sets up reasonable parameters within which the Legislature can tax and spend; but to go beyond those reasonable limits requires voter approval.
It is the same concept as LD 1’s spending limit and property tax limits, but with teeth and added voter engagement.
By supermajority vote, the Maine Legislature has approved the concept of spending limits and controls on property taxes. First with LD 1 in 2005. Then with budget validation votes for local education spending in 2007. As a result of his budget validation procedure, local education sp....

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