Here are the questions as they will appear on the ballot:
Question 1: “Do you want to reject the new law that lowers Maine’s income tax and replaces that revenue by making changes to the sales tax?”
Last year TAXES were lowered for 95% of the people of Maine by restructuring the tax structure. A vote ‘yes’ would increase taxes. A vote NO would decrease taxes from 8% to 6.5% for the majority of people.
Question 2: “Do you favor a $26,500,000 bond issue that will create jobs through investment in an off-shore wind energy demonstration site and related manufacturing to advance Maine’s energy independence from imported foreign oil, that will leverage $24,500,000 in federal and other funds and for energy improvements at campuses of the University of Maine System, Maine Community College System and Maine Maritime Academy in order to make facilities more efficient and less costly to operate?”
This bond is critical to help build the first floating offshore wind tower in AMERICA. Once built platforms would follow capturing the energy equal to 149 nuclear power plants off Maine coasts, out of sight and sound.
Question 3: “Do you favor a $47,800,000 bond issue to create jobs in Maine through improvements to highways, railroads and marine facilities, including port and harbor structures, and specifying the allocation of $4,000,000 of the transportation bond approved by voters in November 2009 to be used for capital rail purposes?”
Without good transportation businesses cant get their products to market cost effectively. The rail lines are critical to Maine businesses throughout the state. The Deep Water port in Portland will make it possible for large cruse ships to dock bringing thousands of dollars into the local economy.
Question 4: “Do you favor a $23,750,000 bond issue to provide capital investment to stimulate economic development and job creation by making investments under the Communities for Maine’s Future Program and in historic properties; providing funding for research and development investments awarded through a competitive process; providing funds for disbursements to qualifying small businesses; and providing grants for food processing for fishing, agricultural, dairy and lumbering businesses within the State and redevelopment projects at the Brunswick Naval Air Station that will make the State eligible for over $39,000,000 in federal and other matching funds?”
This is a job growth bond building on the natural resources strengths intrinsic to Maine.
Question 5: “Do you favor a $10,250,000 bond issue to improve water quality, support drinking water programs and the construction of wastewater treatment facilities and to assist farmers in the development of environmentally sound water sources that will leverage $33,250,000 in federal and other funds?”
The matching grants are phenomenal. Maine needs these infrastructure improvements for the health and well being of its citizens as well as to improve the business climate.
For more information on all these bonds please view articles in Issue 26










1 response so far ↓
1 Lori // Jun 7, 2010 at 6:17 pm
Where do the dollars come from to pay for these bonds???
They are low interest loans. They will create over 2,000 jobs– this summer. People need the work.
They will invest in needed areas – like the Green Energy Economy — so Maine’s economy grows. As it grows more money comes back to the state, and over ten years Maine will be able to pay off the bonds. Most of these bonds also have matching funds from the federal government, making investing a smart strategic way to grow Maine out of the recession.
Maine pays debts back in less than half of the time of most states – 10 years instead of the traditional 20 years.
Maine’s credit ranking is excellent.
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