Carter's Economic Plan: An Extra Jolt of Socialism

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Carter's Economic Plan: An Extra Jolt of Socialism

Portland Press Herald
Wednesday, June 19, 2002Carter says he's in race to win, not be a spoilerBy PAUL CARRIER, Portland Press Herald WriterCopyright © 2002 Blethen Maine Newspapers Inc.  
BELFAST "” Jonathan Carter, the Green Independent Party's candidate for governor and the only publicly financed candidate for the job, said Tuesday he is in the five-man race to win. His campaign is "going to do the best we can" to capture the Blaine House in November, he said. Carter made that pledge during the official kickoff of his campaign, at a newly opened office billed as the first of several campaign offices to open around the state.Noting that the state's top income-tax rate of 8.5 percent kicks in at $33,000 in taxable income for a couple filing jointly, Carter said Mainers should not pay such a high rate unless they make a lot more. He said the top rate should start at $50,000 because $33,000 is "barely enough for a family of four to survive in Maine."Describing property taxes as "a humongous burden" in Maine, Carter said the state should at least double the so-called homestead exemption, which exempts from property taxes the first $7,000 in value on a primary residence. He also said his administration would "seriously look at the potential of passing a property-tax cap."On other issues, he said he would:Push for a single-payer health care system to expand access and control costs.Eliminate the property tax on business equipment.Expand the sales tax to "high-end services," including financial, advertising and legal services.Consider raising the sales tax from 5 percent to 6 percent, to help plug a state budget shortfall.Back a feasibility study for the creation of a national park in Maine's north woods.[url=http://www.pressherald.com/news/state/020619carter.shtml]http://www.pres...

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Carter's Economic Plan: An Extra Jolt of Socialism

Lewiston Sun Journal
6/19/02BELFAST Carter urges ‘bubble up’ economicsBy Bonnie Washuk
Staff Writer
Surrounded by green “Carter for Governor” signs, Jonathan Carter kicked off his campaign Tuesday by announcing his “bubble up” plan to improve Maine’s economy and give money back to Mainers.The Green Party candidate, best known as a forestry activist, outlined the differences between himself and others running for governor: Democrat John Baldacci, Republican Peter Cianchette and independents John Michael and David Flanagan.“We’re trying to develop an economic plan that incorporates ‘bubble up’ economics rather than the ‘trickle down’ experience of the last 20 years,” Carter said. “The others are still committed to the ‘trickle down’ that has failed Maine dramatically. We want to put money back in the pocket of Mainers.”He said his plan, which combines tax cuts with conservation initiatives and a single-payer health care system, would save Mainers money.‘Bottom-up’“That is the best way to revitalize our economy and give Mainers more disposable income they can spend,” he said. “That will generate jobs. Jobs generate incomes. Incomes generate tax dollars. It’s a bottom up approach to revitalizing our economy.”Carter is the only gubernatorial candidate to support a state-run, single-payer health care system.“Baldacci talks about universal health care, but his plan is just another Band-Aid, where a single-payer plan would save up to $5 million a year on health costs,” Carter said.Not to move forward with a single-payer plan is “protecting the profits of big insurance companies,” Carter said. “This system is used in every other country in the world. It’s not an extreme idea. What is extreme is the current system where insurance companies reap great profits at the expense of workers struggling to pay for health care.” Raising taxes to pay for health care would save money for individuals and businesses, Carter said. “It would be good for the economy.”In 2001 the Maine House of Representatives endorsed a state-run, single-payer health plan, but it was not supported by the Senate or by Gov. Angus King, although a legislative study is now under way.Tax reform planCarter would also propose sweeping tax reform that would include:• Cutting income taxes. Raising the tax bracket so a family of four could earn up to $50,000 before going into the highest 8.5 percent income tax bracket. A family of four now goes into the highest bracket at $32,000, Carter said.• Reforming property and sales tax. “We want to see significantly reduced property taxes. We can do that by doubling the homestead exemption on primary homes, and increase taxes on secondary, vacation homes.” Carter also wants to cap property tax for primary homes, something he said would require a referendum. “We need to bring down mill rates and have the state make up the difference.”• Broaden and expand the sales tax. That, he said, would have little impact on low- or middle-income families. He’d look at ending exemptions on advertising, legal and financial services, and take a hard look at all tax exemptions.Park studyCarter would also support a feasibility study to create a 3.2 million-acre park around surrounding Baxter State Park where logging would not be allowed. A park would produce more good jobs than the status quo, he said. If a study showed a park would be a lousy idea, Carter would abandon the idea.Conserving energy would also play a big role in the Carter administration. He would propose to tax new cars through fuel efficiency rather than value. More efficient vehicles would be taxed less and SUVs would be taxed more. He’d build programs to help homes use less energy. “I want to put money in peoples’ pockets rather than in the pockets of Exxon, Mobile and Irving,” Carter said. “This is all part of our bubble-up concept.”If Maine changed how it taxed and spent, the state could spend more on research and development and education, Carter said.bwashuk@sunjournal.com[url=http://www.sunjournal.com/story.asp?slg=061902crtr]http://www.sunjournal...

Melvin Udall
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Re: Carter's Economic Plan: An Extra Jolt of Socialism

Oh yeah....powerful stuff; the creative juices are flowing now! No need to ever mention reduction in spending with such sound ideas for giving us more money, more money, more money.Double the homestead exemption. Wow. There's $150-200 off a property tax bill. What a difference. That's one third of last year's increase. And we won't mention that the state coughs up the "savings" and pays them to the town anyway. Gee....I wonder where they get the money to do that? So if we double the exemption, the state will have to send double the amount. Hmmmmm....this is starting to look suspicious. You know, sooner or later, one or two voters may figure out that this is a feel-good scam.But wait; we can lower the mil-rate and have the state make up the difference. Now that's innovative policy on how to help the taxpayers! Why didn't the others think of that? The property tax payer saves real cash money, and the state makes up the difference with state money, which it gets from....hmmmmm.....there you go again, you devil you.Is this the result of teaching "new math" in our schools? And relying on calculators so numbers aren't tangible, they're just "data"?Looks like the bright side is gonna cost more than ever, but at least I won't have to pay for the anti-bacterial soap anymore. Thanks, all you sheep out there.Reminds me of a tune...."When an irresistable spender like you, meets irresponsible voters like us, you can bet as sure as you live, something's gotta give, something's gotta give, something's gotta give."Sure glad I got the Steinway to make it all right. But I gotta wash my hands 3 or 4 times before I play, or else it plays dirty notes, and they just don't sound right.Ta ta fellow idiots, at least as Jonathan sees it. Is he gonna add a hyphenated last name midway through the campaign for an extra dose of PC panache? Get the ice boys, cause my heart is melting away!Mel

Anonymous
Re: Carter's Economic Plan: An Extra Jolt of Socialism

Bonnie didn't report whether any of the assembled scribes asked Carter the most obvious question about a Maine single payer system..."How do you keep sick people from all over, looking for free healthcare, out of Maine?"

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