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Showing posts with the label Maine's Governor Le Page

Governor LePage Addresses Mountainf of Taxation Unapproved by Maine Voters.

In mid- February Maine's Governor LePage gave a radio address explaining why he declined to approve bonds promise by quasi governmental agencies These are a few quotes from LePage's Radio Address  $19,448! If you are one of Maine’s 653,000 tax filers, this is your share of the Maine’s $12.7 billion in public debt. If you do not remember approving nearly $13 billion in bonds, you did not necessarily miss an election. More than 95% of Maine’s debt was never approved by voters as required by our Constitution! As a voter and taxpayer you have only had a say on about $500 million in general obligation bond questions on the ballot. The remainder of our taxpayer-backed obligations is the result of promises made, but never paid for and decisions made by quasi-governmental authorities you have never heard of.  ....Most of the remaining obligations backed up by Maine’s taxpayers were issued by boards or authorities you probably have never heard of. The debt was issued without your appro