LePage To Concerned Farmer Re: Property Taxes Jokes: “Get A Reverse Mortgage”
At last week’s town hall in Auburn, the public had an opportunity to directly ask questions of Governor Paul LePage or make observations about how the governor’s proposed biennial budget for FY 2016-17 would affect them.
After describing how his family’s working farm established in 1894 has paid as much as $48,000 a year in property taxes while declaring no income taxes with anticipated carry forward of $500k for the next decade, Caldwell concludes:
“I think you are coming to get me, and you have been a hero of mine for four years.”
LePage denies that he is “coming to get him”, immediately pivots to discuss the plight of the Millinocket mill, the three different rates of property taxes possibly applicable, then returns to Caldwell’s specific raised issues:
“I don’t know of your particular situation, but you must own a whole lot of land, and maybe we can get you a reverse mortgage (chuckles).”
So much for LePage’s plan to eliminate the estate tax, as to allow for this elderly man to pass the working farm that has been in his family since 1894 to his descendants!
LePage has already held town halls in Bangor and Westbrook in addition to Auburn; tomorrow he heads to The County for one hosted at UMPI in Presque Isle. From there, his office has released the following tentative schedule with more stops to be announced.
- April 2: Saco
April 16: Ellsworth
April 28: Belfast