Regarding Chalmers Hardenbergh’s letter, “Let’s tax Les Otten,” I caution him to consider the consequences of higher taxes in other states: People and businesses leave. From The Wall Street Journal, “Soak the Rich, Loose the Rich” (Arthur Laffer, May 18, 2009), from 1998 to 2007 more than 1,100 people every day moved from the highest tax states to the lowest tax states. Raising taxes now in Maine may seem like a short-term fix, but it would more likely be stepping into a slow revenue spiral downward.
Alex Piper
Freeport
Send questions/comments to the editors.
Related Stories
Latest Articles
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.